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Essay / Research Paper Abstract
A 7 page paper. What is free trade and does it benefit or harm a nation? This is the question that is addressed in this paper. It is a topic that can spur heated debates but most of the arguments on either side are based on emotional reactions and many are based on misinformation. This paper provides definitions and discusses the myths that are often the bases for the debates. The writer also discusses the ill effects in terms of the environment. Bibliography lists 4 sources.
Page Count:
7 pages (~225 words per page)
File: MM12_PGfrtrd.rtf
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Unformatted sample text from the term paper:
on misinformation. One of the most publicized protests against free trade was held in Seattle in December 1999. The very large group of protestors were there because the World Trade
Organization was holding a meeting there. Many Americans and people around the world remember this protest that was so widely covered by the media. The first thing that needs
to be defined is the very term free trade. As many have written, free trade is a term that refers to "the operation of international markets that are
free of restrictions, regulations, and constraints. The concept was championed by industrialists - particular manufacturers of cotton goods - in nineteenth century Britain (then the worlds most powerful country) who
required easy access to the worlds markets" (Hong Kong Poly U, nd). Trading between peoples, however, goes back to a time when individuals traded shells and beads and then, when
the people of one land were able to trade with other people who traveled by boat. Trading has existed throughout the history of mankind. Local societies regulated their own
trade, restricting it in some ways, placing tariffs on imports and so on (Hong Kong Poly U, nd). Historically, free market regimes are rare and they can be created
only by powerful world or states organizations (Hong Kong Poly U, nd). A totally free market can only emerge through a laissez faire government structure. There has been only one
totally free market known in history and that occurred during the latter half of the 19th century (Hong Kong Poly U, nd). It happened in England but only for a
brief period of time when the government established it but there was a significant cost to the average citizen (Hong Kong Poly U, nd). Since that time, there has not
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