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Essay / Research Paper Abstract
A 3 page paper arguing against trade liberalization. Though there are many benefits to international trade done well, to date there have been too few examples of what "well" is. Nike has turned into a crusader for social responsibility, but only after consumers spoke up on behalf of mostly-Asian workers. Where market solutions are suspect, government intervention is a positive solution. Bibliography lists 3 sources.
Page Count:
3 pages (~225 words per page)
File: CC6_KSintlTrdLib.rtf
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Unformatted sample text from the term paper:
here is "Trade liberalization leads to a race to the bottom." There are many benefits to trade liberalization done well. South Korea stands as example, having merely adopted
all of EPAs environmental standards early on. Singapore is another, in terms of raising the standard of living for its people while protecting its culture. There are many
more examples of trade liberalization negatives, however. Unsustainable Practices Unsustainable production and consumption are taking a momentary vacation during the current global slowdown.
Though economic conditions are dour in developed nations and are likely to remain that way for some time, the current economic angst only testifies to the continued good health
of the concept of the business cycle. The current trend will correct in time and begin to turn to the "boom" side of the business cycle soon enough.
When that occurs, the negative aspects of trade liberalization as it has been practiced will arise again. It is the local economy and
local community that are of leading importance to local people. The people of Vietnam or Malaysia can benefit in the short term by participating in international trade, but only
to the extent that they are dealing with ethical companies. In far too many instances - the old Nike sweatshops, Union Carbide in Bhopal - the companies profiting well
gain those profits from exploiting the absence of labor and environmental regulations in host countries. In many areas the local natural resources are
being consumed in the production of goods that will be shipped to developed nations where they can be sold for enormous profits for the large corporations underwriting the activity.
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