International Trade Debate
By: Artur • Essay • 268 Words • February 26, 2010 • 860 Views
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International Trade Debate (II)
The stance taken is reasonable and quite important. Accepting goods into our country that may contain harmful materials would be a horrible accident, and because of this, deserves much attention. Trade restrictions, by definition, are made to protect both buyer and seller during the sale of goods. Harmful materials aside, the only countries profiting off of trade restrictions are countries that are economic powerhouses. Third world countries are affected adversely by trade restrictions, and in some cases, lose much more than they gain in trade.
Trade restrictions take away the advantages associated with trade for many countries. The World Trade Organization has delivered a set of rules to be followed to help less developed countries in the maturing process. This process was not set forth to provide high tariff’s and absolve the country monetarily through trade. Harmful substances can be tested prior to trade, or, trade can be conducted with another provider of a good if the