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Essay About Free Trade

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I. Introduction In the middle of current globalization, the constant technology changes and developments enable companies, human resources, capitals, and the technologies themselves to reach any part of the world effortlessly in no time. Even nowadays, products are barely produced in just one place. Instead, they are created through many steps from which each of them may take place in different region or country. Therefore, to endure such vast transformation, a country has to apply a strategy so that its economy may be vibrant, viable, and visible. As the economy activity; includes production, distribution, trade, etcetera, no longer happens within a region only but across many tangled corporations and countries, free trade has emerged as one of the prominent options for countries to join the competition. However, just like any other options, free trade also has its ‘good’ and ‘bad’ sides which depend on the characteristics of the countries. To put it in an analogy, you may put a water lily in a full-water container to make it blossoms yet if you apply the same treatment to a cactus, the cactus will turn out to be dying because basically those two plants have different characteristics and distinctive treatments. And as free trade can possibly bring more harms than good to a certain country, the …show more content…

It was only the time and the conditions that happened to coincidently support the blameworthiness of protectionism. Some argued that it was just the time when the currency fell because of many factors and free trade happened to emerge with a total opposite strategy and concept. Yet, regardless the debates over the Great Depression’s causes, we can see that both free trade and protectionism have the same chances to be the best policy as long as the time, conditions, and characteristics of the country suit

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