FREE TRADE Jason Gabby Nicole Globalization has allowed

FREE TRADE Jason, Gabby, Nicole

Globalization has allowed our economy to prosper. � However is that but theory of globalization. � Globalization has allowed us to have an interconnect able economy which has effects that cross national borders. � Great financial gain result in the benefit of a society.

Free Trade ‘benefits’ the market � � Globalization resulted in the emergence of free trade. Free trade allows cooperation's to trade without government interference. Free Trade Offers � � Trading without taxes/tariffs Trading with the absence of government monopoly. Free movement of labor and capital Trade Liberation

The History of Free Trade � � Developed to remove all forms of government monopoly. A solution to removing all forms of economic trade barriers. "If the trade liberalization process does not move forward, it will, like a bicycle, be pulled down by the political gravity of special interests. "

The Markets Current effects on Society

Government � � � Free Trade is yet another form of government The relief of unnecessary influences. We are relinquishing all power to the economy which now trough globalization is one of the most influential factors on society

Cooperate Greed � � Individuals are motivated by greed and are naturally inclined to be competitive. The economy and financial social standing is the new symbol of status. Social Darwinism is most apparent economically.

Solution � � Free trade still symbolizes purpose and abolishes quite a few of international trader concerns, however free trade offers to much power. Trough control of the government we can instill necessary sanctions and regulations of trade. We might not have direct control of government decisions, however we do the control to elect a government representative This theory can also be applied to non-democratic countries, by only instilling regulations rather than restrictions.