Free Trade vs. Fair Trade

Anonymous

Question Description

Primary Task Response: Within the Discussion Board area, write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

The importance of trade continues to be a debated topic because the gains are not always quantifiable by those involved. Some would argue that due to a significant difference in wages and regulations, free trade is not always fair trade and that free trade agreements are used by companies to simply chase lower wages and fewer regulations. In the United States, this has been an ongoing debate in regard to both the North American Free Trade Agreement (NAFTA) and the normalized trade relationship with China. Take some time to read the following articles before beginning your post:

Based on what you have read, please address the following questions:

  • Which do you feel is a better approach, free or fair trade, and why?
  • Given the concept of comparative advantage, should we even be discussing free versus fair trade?

Tutor Answer

EvahB
School: University of Maryland

Attached.

Running head: FREE TRADE VS. FAIR TRADE

Free Trade vs. Fair Trade
Name:
Institution:

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FREE TRADE VS. FAIR TRADE

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Introduction

Free trade and fair trade issue have been a rigorous topic of debate from both the
economy and the political perspectives. Both activities refer to the engagement in commercial
activities with the differentiation emanating from the ideological concerns that result in political
regulations of the trading activities. Regarding the fact that the free trade and the fair trade are a
projection of the same topic from different points of view, this essay lays the opinion of the
better approach and gives the stand about the comparative advantage analysis of the two.
Free Trade as the choice
The free trade leads to increased economic growth due to the equal opportunit...

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Review

Anonymous
Good stuff. Would use again.

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