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Essay / Research Paper Abstract
This 10 page paper discusses the view that the real debate between World Trade Organisation (WTO) Advocates and their left-wing critics is not about protectionism, but about who will be protected from the ravages of unrestrained competition. The bibliography cites 7 sources.
Page Count:
10 pages (~225 words per page)
File: TS14_TEWTOprotect.rtf
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Unformatted sample text from the term paper:
the World Trade Organisation may be argued that the basic idea is that of creating a fair trading environment where all countries are equal. The critics the argued as a
more complex, they may argue that protectionism is needed for many developing countries so that they can develop and sustain industries which are able to compete internationally, it may also
be argued that by enhancing the concept of free trade the practical considerations of globalisation mean there is an effective protectionist policy for companies from developed countries due to their
more dominant position in companies from developing countries. It may be argued that the real issue is not about protectionism, but about to
it is that is being protected by the influences of unrestrained competition. In order to consider the way in which protectionism may be
present, and assess those whom it favours, the role and position of the World Trade Organisation itself needs to be examined. It is only when the context of the World
Trade Organisation can be appreciated that is role in terms of public protectionism can be assessed and argued. Globalisation and international trade
offers a great deal of potential the both developed and developing countries; facilitating the leverage of comparative advantage which can benefit all economies. For developing countries international trade is seen
as a way of increasing income which can be used to support further trade, social policies and general economic development within the country, which explains why many developing nations see
globalisation as a desirable phenomenon. The developing nations can also benefit from the imports of goods that they cannot manufacture or develop, including medical supplies and treatments among others. For
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