StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Free Trade Agreements - Essay Example

Cite this document
Summary
In the paper “Free Trade Agreements” the author focuses on organizations developed specifically for the negotiations of trade between foreign lands such as the WTO – World Trade Organization. The bartering of goods across international borders or regions between countries constitutes ‘International Trade’…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER95.5% of users find it useful
Free Trade Agreements
Read Text Preview

Extract of sample "Free Trade Agreements"

"Free trade is opposed by many political lobbyists: environmentalists, human rights advocates, peace advocates, nearly all labor organizations, some nationalists, Communists, agricultural interests, and anti-globalization campaigners." The North American Free Trade Agreement (NAFTA) is just one of the American trade agreements that had been implemented in January 1994.

The first free trade agreement between Canada, the United States, and Mexico, developed to phase out tariffs on the majority of traded goods, the trade of services across borders, the safeguard against 'intellectual property rights, government securities and means to relieve and maintain any arising disputes amongst these three countries 2. There were environmental conditions that had been discussed during the negotiations due to certain environmental issues that had surfaced. Inquiries were conveyed over varying countries' environmental defensive actions and how futile implementation could cause an aggressive benefit and the relocation of certain business enterprises to such areas due to the lack of policies and principles.

One of the environmental concerns was the growth in the expected industrial areas along the US-Mexican border, causing an inevitably dramatic incline in already concerning pollution tribulations present. Although the environmental factors are not a norm of usual trade negotiations, they still played a very large role in these negotiations and other global trade negotiations. The Bush administration had been prompted to answer this dilemma and they had responded by saying that protection against a parties 'environmental, health and safety standards for products and produce' 3 are valid negotiation factors as long as they are based on scientific trials and statistics.

Thus the various negotiating parties were persuaded to incorporate environmental defense and to maintain progress into the formation of economic resolutions. If however, the provisions for environmental issues may affect the company involved investments, they are permitted to challenge these provisions. Although in this case it had been organized, 'The North American Free Trade Agreement' is still unsure of their US congressional support. 

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Free Trade Agreements Essay Example | Topics and Well Written Essays - 750 words, n.d.)
Free Trade Agreements Essay Example | Topics and Well Written Essays - 750 words. https://studentshare.org/law/1533350-tradefree-trade-agreements
(Free Trade Agreements Essay Example | Topics and Well Written Essays - 750 Words)
Free Trade Agreements Essay Example | Topics and Well Written Essays - 750 Words. https://studentshare.org/law/1533350-tradefree-trade-agreements.
“Free Trade Agreements Essay Example | Topics and Well Written Essays - 750 Words”. https://studentshare.org/law/1533350-tradefree-trade-agreements.
  • Cited: 0 times

CHECK THESE SAMPLES OF Free Trade Agreements

Free Trade Among Developed Economies

Some arguments against the implementation of Free Trade Agreements do so based on the non-members losses or reductions in ability to trade.... free trade among developed economies First name Last number here Month-name day, year free trade among developed economies free trade may be defined as the unrestricted international exchange of goods with tariffs used for the purposes of revenue generation; agreements are simply treaties establishing the parameters of the free trade exchange occurring....
3 Pages (750 words) Research Paper

Pros and Cons of The FTA (free trade agreements)

Introduction Free Trade Agreements (FTAs) involve two or more countries coming together with a common goal of promoting cross boundary trade by removing trade barriers and other hindrances, which may limit the movement of goods and services from one country to the other (Mudinda, 2003).... Introduction Free Trade Agreements (FTAs) involve two or more countries coming together with a common goal of promoting cross boundary trade by removing trade barriers and other hindrances, which may limit the movement of goods and services from one country to the other (Mudinda, 2003)....
3 Pages (750 words) Research Paper

Winners and Losers in the Arguments for Free Trade

Winners in Free Trade The biggest winners in Free Trade Agreements are transnational corporations.... Free Trade Agreements erase tariffs, meaning that corporations pay less for them to sell their products.... free trade can be defined as the ability of most countries to either export or import without any regulatory or government restraints.... Economists posit the fact that free trade leads to the increase of trade and productivity among countries via decreasing various barriers to trade....
4 Pages (1000 words) Essay

Cross National Agreement

b) Trade Liberalization (Free Trade Agreements) - In principle it eliminates barriers to free trade by eliminating unfair tariffs and entry barriers between member states or nations.... During the last two decades there has been a significant growth in international trade agreements, specifically “Regional Trade Agreements”, most of them have been Free Trade Agreements with a focus in reducing tariffs and other artificial barriers of trade between participants....
3 Pages (750 words) Essay

How Does Free Trade Agreements Affect the Relationship Between the USA and South Korea

And due to this reason, the talks for free trade between United States and South Korea started.... And now they are finally reached an agreement for free trade between two countries.... It is believed to be the second biggest free trade agreement by United States.... After free trade agreement they can easily export their goods in United States, which was a major concern of Koreans.... he free trade Agreement or Treaty between United States and South Korea is beneficial and profitable for not only the governments who will definitely gain a lot of profit but mainly for the people of two countries, who will likely to be the major winners in this situation....
13 Pages (3250 words) Essay

Dependency Theory in Free Trade Agreements

The United States and Singapore signed a comprehensive free trade agreement (FTA) on May 6, 2003.... For instance, the main motivation for Singapore to sign FTA was not to do away with US trade barriers but rather to bring in foreign investors.... hellip; The primary objective of an FTA is the reduction of trade barriers in the form of import duties, between the countries signing the FTAs....
5 Pages (1250 words) Term Paper

Research Paper for College Course -- Introduction to Microeconomics

More than ever before in history we see that Free Trade Agreements are being sought by the world's most powerful countries, as well as the developing nations.... In short, Free Trade Agreements are now high on the political agendas of many nations and the World Trade Organization.... he implementation of Free Trade Agreements eliminates the imposition of tariffs in the trade of goods.... Yet… Scottish philosopher Adam Smith is widely credited with advancing the principle of free trade through his 1776 work, An Inquiry into the Nature and Causes of the Smith is credited with being the first to examine the importance of the division of labor and worker productivity and for advancing the idea that free markets thrive on the basis of mutual self-interest....
4 Pages (1000 words) Research Paper

Trade Agreement Types in Economics

Jagdish Bhagwati supports Free Trade Agreements and subsequently connects them to the welfare of the society.... He argues that Free Trade Agreements translate to better living standards unlike trade barriers, restrictions, or sanctions.... Moreover, Jagdish Bhagwati contends that social and environmental issues are better addressed through Free Trade Agreements.... In other words, Jagdish Bhagwati supports the concept and practice of Free Trade Agreements in almost every aspect of the contemporary global society....
1 Pages (250 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us