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International Trade Debate

The world is too difficult to judge of it categorically. People live within positive and negative conditions and the instinct for self-preservation drives people to take great pains in order to survive in cruel realities. In this respect I would like to mention that every material thing helps people promote further life. Money is the best example of such promotion. According to unrestricted trade, I think that historical development of world countries evaluated the leaders in the sphere of trade (Mankiw, 2004). It is because of various mentalities and beliefs possessed by people in different countries.

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As for me, the separation of the society on poor and rich people undermined the differences in life goals and methods of gaining amenities which people use. Trade will be trade in all times. Here the only prospect is vital, i.e. quality and price. It is one of the logical principles of business to buy cheaper and to sell more expensive. Cost of living differs due to the social, economic, and political development of the country, and it is reasonable to provide globalization in those poorly-developed countries so that to support inhabitants with more opportunities of current work (Laudon & Laudon, 2009). Though, for regulation of these processes, there is World Trade Organization with more than 150 member countries. Cases of children labor and “unfair goods” are promoted to touch upon peoples’ souls in terms to obtain more money due to a mechanism of moral impact. Do not think that everything is fair in the concern of “fair goods”. Remember, the world is too difficult to judge of it categorically.

Reference

Laudon, K. C., and Laudon J. P. (2009) Management Information Systems: Managing the Digital Firm. Ed. 11 New Jersey: Pearson Prentice-Hall, Upper Saddle River

Mankiw, N. G. (2004). Principles of economics (3rd ed.). Chicago, IL: Thomson South-Western.

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StudyCorgi. "International Trade Debate." November 5, 2021. https://studycorgi.com/international-trade-debate/.

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StudyCorgi. 2021. "International Trade Debate." November 5, 2021. https://studycorgi.com/international-trade-debate/.

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StudyCorgi. (2021) 'International Trade Debate'. 5 November.

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