Silk Road Essay

Silk Road was an ancient trade route that connected the East and the West. It stretched from China to the Mediterranean Sea, and was used for centuries by traders to transport goods between these two regions. Silk Road was especially important for the trade of silk, which was a highly prized commodity in both the … Read more

Obama Protectionism Analysis

As the last two sections have shown, contrary to popular takes on both the Obama Presidency and US trade politics, Obama’s inducing of protectionist measures into his trade policy does not constitute an overall breaking of the mould in US trade politics, rather it is merely a sustenance of the US executive succumbing to longstanding … Read more

North American Free Trade Agreement

In January 1994, the United States, Mexico, and Canada implemented the North American Free Trade Agreement (NAFTA). The goal of NAFTA is to create better trading conditions through tariff reduction, removal of investment barriers, and improvement of intellectual property protection. NAFTA continues to gradually reduce tariffs on set dates and aims to eliminate all tariffs … Read more

Free Trade Essay

In an economic age in which speedy transactions of imports and exports are essential, is free trade a necessity for aiding worldwide economic development? At least John F. Kennedy thought so, he being the initiator of removing tariffs and other limitations on U. S. imports. His hypothesis was that by doing that, other nations would … Read more

The US Trade and Development Agency

After going to the Tradeport website, I have decided to do my paper on a US federal government agency. I explored a few of the agencies and decided to choose the US Trade and Development Agency. The US Trade and Development Agency (TDA) is a small independent agency. It is comprised of about forty-one people. … Read more

North American Free Trade Agreement

On January 1, 1994, Canada, Mexico and the United States passed the North American Free Trade Agreement (NAFTA). Promoted to Congress by the Clinton administration, with the assurance that it would give rise to more jobs – exactly how many though, is not precisely known. Yet, according to the Journal of Commerce, the U. S. … Read more

Free Trade vs. Protectionism

One of the greatest international economic debates of all time has been the issue of free trade versus protectionism. Proponents of free trade believe in opening the global market, with as few restrictions on trade as possible. Proponents of protectionism believe in concentrating on the welfare of the domestic economy by limiting the open-market policy … Read more

The Good, The Bad, The WTO

On May 19,1948, the General Agreement on Tariffs and Trade or GATT was created. This was not an international organization but an inter-governmental treaty. This provided the framework for the conduct of international trade. But this expanded and grew yearly and in April 1994, in the Uruguay Round of Multilateral Trade Negotiations expanded on the … Read more