International Trade debate Part 2 Essay

In reading my classmates root, it is interesting to note that while the germ is against unrestricted trade, the germ nevertheless cites many of its benefits such as cut back dependency and cutting the cost of living. What is even more interesting is that the author tries to build a case around arguments that consider these benefits as detriments without spacious support. When countries have to compete globally, they would have to streamline their products in order to grow their most free-enterprise(a) wares or they wont be capable to compete at all.This opinion which is also mirrored by my paper is true, but the fear that some countries would engage in unfair practices is unfounded. For ace thing, what does the author mean by unfair competition? Offering a price that is lower than your competitors is not unfair, its practiced competition. As the paper also mentions, this leads to specialization of goods based on distributively participating nations capabilities.While some o f our products might not be marketable because of cheaper, higher-quality brands from some other countries, other goods that we exportation would be more marketable because of free trade and we could focus on those goods for export and not have to spread our resources too thin. This way, we can get the trump profit for our best product. But what astir(predicate) countries that cannot be competitive? What about countries who simply do not have globally competitive products? globalization also gives them the benefit of having cheaper products for their labor force to afford.Kellison (2006) states that economies that cannot offer globally competitive products usually end up offering another valuable resource, labor. let loose trade cuts the cost of living for its laborers which make them afford better lifestyles.What is so wrong with that? In the final analysis, it is clear that globalization has a just place in todays economy. References Kellison, P. (2006). Labor Forces in the tw enty-first Century. N. Y. Bakeman Books. My classmates paper International Trade Debate The slick for Protection My paper International Trade.