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Free Trade Analysis

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In analyzing the free trade market there have been several agreements that have been put in place to ensure that there is fair trading among countries. This is necessary in order to ensure that there is a balance between the supply and demand in all markets. It would not be fair for the countries that are powerful on an economic and political level to dominate the market, which would impact the countries that poorer than others. There is constant talks and meetings about free trade agreements in several markets and free trade zone. Most countries are tying to facilitate free trade on a international level, which is never a easy task because there are so many facets of the agreements that have to be addressed. There are many theories that exist that make the thought process simple of implementing free trade agreements but when you think about the principles and how it will affect society, the environment and multiple societies around the world. By encouraging free trade this is the first step towards positive development for all countries. Since the FTA was put in placed there has been a balance, which has curved unethical and illegal practices. It is very important to foster the right relationship between countries, to ensure not only economic growth and national security among foreign countries and trading.
Free trade areas (FTA) are agreements where two or more countries eliminate trade barriers and tariffs between goods traded amongst the countries. Started after the end of WWII, FTAs have promoted economic growth and good relations between the 20 countries the U.S. is contracted with. FTAs give easier access to products across borders and can help developing economies trade investment. There are four reasons FTAs are formed in the U.S.; to secure open markets for exports, to protect producers from unfair trade practices, foster world economic growth, and to…...

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