An analysis of the implications of removing the barriers to free trade.
Written in 2007; 1,365 words; 6 sources; MLA; $ 45.95
Paper Summary:
This paper discusses both the visible and invisible barriers that exist to free trade. It suggests that the international mood is in favor, not simply of quota and tariff reductions, but also the elimination of less obvious barriers to free trade. The paper describes these barriers and their potential benefits and then discusses the implications of removing all barriers to trade.
From the Paper:
"Of course, consumers knowing the country of origin of Toyota vehicles have done little to harm the dominance of that car over traditional American manufacturers like GM and Ford. But in some instances, if a particular nation has received bad press regarding its labor practices, mandatory labeling as an imported good might act as an additional invisible trade barrier. Also, if a nation is being subject to a particularly damaging round of international publicity regarding other aspects of its international policy, this may lead to a boycott of the nation's goods, and thus invisible tariffs can be constructed through simply the apparently innocuous policy of labeling nation's country of origin, in the supposed interest of consumer information."
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