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Essay / Research Paper Abstract
This 7 page paper argues that freer international trade contributes to the fight against global poverty, but that such trade is often blocked by richer nations’ policies of protectionism and high tariffs. Bibliography lists 11 sources.
Page Count:
7 pages (~225 words per page)
File: D0_HVLibTrd.rtf
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Unformatted sample text from the term paper:
globe. This paper considers whether or not freer international trade would help to solve the problem of global poverty. Discussion Surprisingly, a search for "international trade and global poverty" or
similar terms brought up a great many "hits," indicating that the subjects are closely linked, and of concern to many people and organizations. Since it regulates trade and is also
the subject of a great deal of controversy, lets start with the World Trade Organization (WTO). The WTO serves many functions: "Its an organization for liberalizing trade. Its a forum
for governments to negotiate trade agreements. Its a place for them to settle trade disputes. It operates a system of trade rules" (What is the World Trade Organization?). Above all,
however, it is a "negotiating forum," a place where governments come to "sort out the trade problems they face with each other" (What is the World Trade Organization?) The WTO
is especially interested in helping to liberalize trade by lowering trade barriers among nations (What is the World Trade Organization?) But the overriding purpose of the WTO is to "help
trade flow as freely as possible ... because this is important for economic development and well-being" (What is the World Trade Organization?) The latest "round," however, has not gone well.
"America wants to slash tariffs, arguing (rightly) that the best way to help poor countries is through more open markets" (In the twilight of Doha, 2006). But the U.S. tariffs
are already low, which means that the pressure is on the European Union "to cut farm tariffs and on big emerging economies to reduce barriers on farm goods and industrial
products" (In the twilight of Doha, 2006). This is precisely the opposite of what emerging economies want: they want "fewer farm subsidies and lower tariffs in rich countries, but are
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