Here is the synopsis of our sample research paper on Economics: Imports, Exports And Tariffs. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
5 pages in length. The writer discusses the proposed benefits of free trade by addressing tariffs, imports and exports. Bibliography lists 7 sources.
Page Count:
5 pages (~225 words per page)
File: LM1_TLCImExp.doc
Buy This Term Paper »
Unformatted sample text from the term paper:
examine the North American Free Trade Agreement (NAFTA) as an example of whether or not this particular arrangement has truly reflected the fundamental basis of free trade. "For present-day
tariff and trade policies are not only as bad as those in the seventeenth and eighteenth centuries, but incomparably worse" (Hazlitt 71). The
very intent of NAFTA was to create a boon within the work force that would establish significant numbers of jobs and other opportunities industry wide. Under NAFTA, North American
resources, such as land, labor, capital and technology, would be utilized more effectively, as well as become a catalyst for "heightening competitive market forces" (Anonymous PG). It is important
for the student to realize that NAFTA was created as a means by which North American trade and investment could be energized past the levels they were at during that
time. Looking back upon 1991, U.S./Canada trade and investment levels reached one hundred forty-three billion, while U.S./Mexico was sixty-four billion.; Mexico and Canada together reflected just three billion.
The total of direct U.S. investment at that time with regard to Mexico was sixty-eight point five billion and eleven point six billion with Canada. The same period represented
direct investment of Mexican and Canadian goods into the United States as being thirty billion for Canada and point six billion for Mexico. It was NAFTAs goal to significantly
increase these figures once the treatys infrastructure had been established (Anonymous PG). Beyond this, economists recognized that NAFTA had many goals to accomplish
with respect to the changes it was going to make in free trade. Its primary objectives were to do away with tariff and non-tariff barriers so that trade might
...