In: Economics
Question 1
Free international trade contributes to the global fight on poverty. Discuss.
Question 2
The international legal framework for protecting intellectual property (IP) does not adequately reflect the value that IP represents for international businesses. Discuss.
Question 3
Foreign direct investment is a form of investment that benefits all stakeholders. Discuss.
Free international trade contributes to the global fight on poverty.
Answer
Today most industrialized Nations take part in hybrid free trade
agreement. Negotiated multinational facts which allows for, but
regular tariff quotas and other trade restrictions. Free trade is
unrestricted importing and exporting of goods and services between
countries. Main intention of free trade are to benefit consumers.
Many governments throughout the world have either signed free trade
agreement or are negotiating or considering new bilateral free
trade and investment agreements.free trade include many different
economic and political issues which differ from trade in goods such
as competition, public procurement, subsidies.
free trade promote regional economic integration and build shared
approaches to trade and investment including through the adoption
of common rules of origin and through broader acceptance of product
standards. Free trade can deliver improved trading opportunities
and that contribute to the sustainable economic development of less
developed economies. Free trade can deliver improved trading
opportunities that contribute to the the sustainable economic
development of less developed economies.also free trade can
continue to provide benefits to parties as the agreements are
executed. Including through phase-ins and inbuilt agendas that
encourage ongoing domestic transformation and trade liberalization.
Free trade free trade flows and create tougher ties with trading
partners.
free trade helping to reduce poverty. Study finds that in general living standards in developing countries are not catching up with those in developed countries. But some developing countries are catching up.the country that are catching up with rich ones are those that are open to trade and the more open they are, the faster they are covering. The WTO study acknowledges that some people do lose in the short run from trade liberalisation. Some are well of, others not. The report argues that the plight aur the losers should not be ignored, but that the right way to elevate their hardship is through social safety ee nets and job retiring rather than by abandoning reform that benefit most people. Extreme poverty is a used problem many people survive on less than $1 a day. A further 1.6 billion or more than a quarter of the world's population make do with $1 to $2 a day.
Increasing trade between Nations without any boundaries could help to reduce poverty and also increase the the lifestyle of people in developing Nations or poor countries.