Pros and cons of free trade: [Essay Example], 426 words GradesFixer
exit-popup-close

Haven't found the right essay?

Get an expert to write your essay!

exit-popup-print

Professional writers and researchers

exit-popup-quotes

Sources and citation are provided

exit-popup-clock

3 hour delivery

exit-popup-persone
exit-popup-close

Haven't found the right essay?

Get an expert to write your essay!

close
This essay has been submitted by a student. This is not an example of the work written by professional essay writers.

Pros and cons of free trade

  • Category: Economics
  • Topic: Free Trade
  • Pages: 1
  • Words: 426
  • Published: 11 December 2018
  • Downloads: 37
Print Download now

Pssst… we can write an original essay just for you.

Any subject. Any type of essay.

We’ll even meet a 3-hour deadline.

Get your price

121 writers online

blank-ico
Download PDF

Free trade and free trade with other nations allow businesses and markets to reach as many customers as possible, thus boosting sales, revenue, and potentially corporate profit. When sales are up it can lead to companies hiring which leads to lower unemployment which is good for the economy. Rising sales leads to large scale production. Large scale production is generally more efficient than small scale production, which lead to greater corporate profits, which can be reinvested in the economy when the corporations spend their money to advance their companies.

Free trade with other nations can also improve relationships with other nations. For example if another nation becomes prosperous because of its trade with the US, they will want to be friendly with the US.

Over an extended period of time, free trade can create big businesses that make it difficult to impossible for small businesses to fairly compete. Without the small business competition, the large corporations realize that can spike up their prices to boost corporate profits because consumers do not have an alternative option. This leads to a culture of corporate greed that hurts consumers and the economy, and the average working person gets ripped off. Also without small business competition there are fewer companies that work in the industry which leads to lower employment which hurts the economy. Which means if you are not working for the big corporation you are getting laid off as well as ripped off (this is where the famous saying “the rich get richer and the poor get poorer” came from), and if you are working for the big company, your wages will go flat or down instead of up because the big company executives know that once they eliminate the competition their workers have nowhere else to go if they are not satisfied with their wages compensation. When there is lots of competition workers can quit their job and work for the competition if they are not happy with their wages compensation. Because of this, I do not believe the benefits of free trade outweigh the drawbacks, and that Keynes theories of government involvement are needed at least to some degree.

The Boeing Company is an example of a business in my area that has downsized its work force due to outsourced operations, and there are no similar companies in the region. The competition may be on the other side of the globe. In my area it is common knowledge the Boeing hires and fires by the thousands at a whim any given year.

Remember: This is just a sample from a fellow student.

Your time is important. Let us write you an essay from scratch

100% plagiarism free

Sources and citations are provided

Cite this Essay

To export a reference to this article please select a referencing style below:

GradesFixer. (2018, December, 11) Pros and cons of free trade. Retrived June 7, 2020, from https://gradesfixer.com/free-essay-examples/pros-and-cons-of-free-trade/
"Pros and cons of free trade." GradesFixer, 11 Dec. 2018, https://gradesfixer.com/free-essay-examples/pros-and-cons-of-free-trade/. Accessed 7 June 2020.
GradesFixer. 2018. Pros and cons of free trade., viewed 7 June 2020, <https://gradesfixer.com/free-essay-examples/pros-and-cons-of-free-trade/>
GradesFixer. Pros and cons of free trade. [Internet]. December 2018. [Accessed June 7, 2020]. Available from: https://gradesfixer.com/free-essay-examples/pros-and-cons-of-free-trade/
close

Sorry, copying is not allowed on our website. If you’d like this or any other sample, we’ll happily email it to you.

By clicking “Send”, you agree to our Terms of service and Privacy statement. We will occasionally send you account related emails.

close

Attention! this essay is not unique. You can get 100% plagiarism FREE essay in 30sec

Recieve 100% plagiarism-Free paper just for 4.99$ on email
get unique paper
*Public papers are open and may contain not unique content
download public sample
close

Sorry, we cannot unicalize this essay. You can order Unique paper and our professionals Rewrite it for you

close

Thanks!

Your essay sample has been sent.

Want us to write one just for you? We can custom edit this essay into an original, 100% plagiarism free essay.

thanks-icon Order now
boy

Hi there!

Are you interested in getting a customized paper?

Check it out!
Having trouble finding the perfect essay? We’ve got you covered. Hire a writer

GradesFixer.com uses cookies. By continuing we’ll assume you board with our cookie policy.