Sample Essay on:
What is Free Trade / How Will It Impact Us?

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Essay / Research Paper Abstract

A 3 page essay looking impartially at both sides of the free trade issue. The paper defines free trade and presents some of the arguments both for and against it. No additional sources cited.

Page Count:

3 pages (~225 words per page)

File: D0_Whatft.doc

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Unformatted sample text from the term paper:

it is unlikely that a consensus will be reached, at least it may be possible to separate the facts from the rhetoric and determine what the real issues are. To begin with, what is free trade? Free trade can be defined as the exchange of goods across national boundaries without any kind of tariffs or duties being imposed. It contrasts with economic protectionism, which seeks to encourage consumers within ones home country to use domestically-produced commodities and thus prevent wealth from leaving the country, as would happen if consumers were encouraged to buy imported goods. Those who advocate free trade assert that it encourages competition, stimulates exports as well as imports, and generates greater prosperity. They argue that if we as a nation restrict other nations ability to trade freely with us, other nations will retaliate by buying fewer of our exports. They also argue that we benefit tremendously from the technology available in other highly-developed countries such as Germany, Japan, and Great Britain, and we also benefit from the low prices of goods exported from emerging nations such as Singapore. Low prices on components, for example, enable us to sell computers manufactured in the U.S. at a lower rate than would be possible if we had to rely on higher-priced components manufactured domestically. Similarly, books published in the United States but printed and bound in Hong Kong can be produced much less expensively than they could be in the United States, and this enables both booksellers and readers to purchase them in greater quantity. This, of course, serves to increase the number of books that schools and libraries are able to buy, and enhances our educational system. Free trade advocates also argue that there are some products (like oil) which we desperately need in order to ...

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