International Trade debate Part 2 Essay Example for Free

International Trade pass on Part 2 EssayIn reading my classmates paper, it is interesting to note that period the author is against unrestricted trade, the author nevertheless cites many of its benefits such as reducing dependency and peeled the cost of animateness. What is even more interesting is that the author tries to build a case around arguments that aim these benefits as detriments without ample support. When countries get down to compete globally, they would have to streamline their products in order to find their most(prenominal) competitive wares or they wont be able to compete at all. This opinion which is too mirrored by my paper is true, but the fear that some countries would engage in unfair practices is unfounded. For atomic number 53 thing, what does the author mean by unfair competition? Offering a price that is lower than your contests is not unfair, its just competition. As the paper also mentions, this leads to specialization of goods based on each participating nations capabilities.While some of our products might not be saleable because of cheaper, higher-quality brands from some other countries, other goods that we export would be more marketable because of free trade and we could focalize on those goods for export and not have to spread our resources too thin. This way, we can get the best shekels for our best product. But what about 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. Free 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 rightful place in todays economy. References Kellison, P. (2006). Labor Forces in the 21st Century. N. Y. Bakeman Books. My classmates paper International Trade Debate The Case for Protection My paper International Trade.