International trade: Difference between revisions

Revision as of 21:57, 28 November 2003

International trade is one feature of globalization.

International trade has it's good and bad sides. The opinion about what is good and what is bad about it vary strongly in the political spectrum with some factions having almost symmetrically opposed views.

Also pro-globalization people may be very strong advocates of w:protectionism when it comes to product groups that are seen as traditionally nationally important.

Many ecologists object to international trade on grounds that transportation of products over long distances is not ecologically sane.

There is also the opposition based on distress caused to the local economical situation due to the fact that Multinational corporations can move their production and capital around the globe quite quickly and use this possibility to negotiate or extort tax exemptions in countries that fear the loss of employment

For the consumer international trade provides more choice and reduced prices from increased competition.

International trade is not simple, but we must work to inform the consumer of the various issues in imported goods.

See w:Trade Bloc and w:Free Trade Zones for information on anomalities related to international trade

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 Also [[blues|pro-globalization]] people may be very strong advocates of [[w:protectionism]] when it comes to [[product group]]s that are seen as traditionally nationally important.
-Many [[greens|ecologists]] people object to international trade on grounds that transportation of [[product]]s over long distances is not ecologically sane.
+Many [[greens|ecologists]] object to international trade on grounds that transportation of [[product]]s over long distances is not ecologically sane.
-There is also the [[reds|opposition]] based on distress caused to the local economical situation due to the fact that [[Multinational]] [[corporation]]s can move their production and [[capital]] around the globe quite quickly and use this possibility to negotiate or extort [[tax]] exemptions in countries that fear loss of [[employment]]
+There is also the [[reds|opposition]] based on distress caused to the local economical situation due to the fact that [[Multinational]] [[corporation]]s can move their production and [[capital]] around the globe quite quickly and use this possibility to negotiate or extort [[tax]] exemptions in countries that fear the loss of [[employment]]
 For the [[consumer]] international trade provides more [[moral choice|choice]] and reduced [[price]]s from increased competition.