Question

In: Economics

In the next U.S Presidential Election, would you be more likely to support a candidate who...

In the next U.S Presidential Election, would you be more likely to support a candidate who favors international trade, or a candidate who opposes international trade? Why? What arguments could that candidate make that might persusde their opponents to agree with them?

Solutions

Expert Solution

I support the candidate who favors international trade .

International trade is the process of exchanging goods and services across international borders.International trade will serve as a foundation for the country's relationship with other nations as well as leadership in world economy. It increases living standards. It allows to expand market.International trade give the consumers as well as the country ,the opportunity of getting the goods and services that are not available in their own countries.

  • It help the companies in the country to expand their business to world market. It increases the market competition that leads to better quality as well as low price .
  • It gives the opportunity of foreign direct investment. It is a solution for unemployment as it increases the job opportunities.
  • It is a key for international growth. It also improves the countries financial performance.It increases the number of clients . It provides market diversification.
  • In international trading ,we can dispose surplus goods.It also helps in raising the companies reputation.International trade will help the country during natural calamities.
  • International trade increases the productivity. Companies offer goods and services more cheaply. It gives the opportunity to the country for producing what they are good at.
  • International trading helps the farmers of the country for exporting their products.

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