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Trade/Free-Trade Agreements - Essay Example

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Trade/Free-Trade Agreements

Numerous factors contribute to the role trade has within international affairs, such as most importantly the increase in positive communication between foreign lands, healthy international trade negotiations and infrastructure can prevent unnecessary disputes and possible war! Other factors such as globalization 'to enhance the magnitude of trade internationally, industrialization, sophisticated transportation, global conglomerations, contracting out to foreign lands 'outsourcing' and economics over an international spectrum.
The World Trade Organization regulate the trade between various countries, such as negotiating rules, the execution of new trade agreements and administering of the loyalty the foreign countries in agreement have to the signed agreement.
"Free trade is opposed by many political lobbyists: environmentalists, human rights advocates, peace advocates, nearly all labor organizations, some nationalists, Communists, agricultural interests, and anti-globalization campaigners."
The North American Free Trade Agreement (NAFTA) is just one of the American trade agreements that had been implemented in January 1994. ...Show more

Summary

Various countries are involved in international trade amongst one another. There are organizations developed specifically for the negotiations of trade between foreign lands such as the WTO - World Trade Organization.
The bartering of goods across international borders or regions between countries constitutes 'International Trade'…
Author : braunmae
Trade/Free-Trade Agreements essay example
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