Free Trade? Essay -- essays research papers

In an economic age in which speedy transactions of imports and exports argon essential, is free trade a necessity for aiding worldwide economic development? At least John F. Kennedy thought so, he being the initiator of removing tariffs and other limitations on U.S. imports. His hypothesis was that by doing that, other nations would follow Americas example and leadership. However, that never happened because the other nations were more concerned with their own problems. Even today, the united States continues to support free trade, an example being NAFTA (North America Free Trade Agreement). The problem is that Americas generosity has caused the foreign industry to take everywhere the U.S. marketplace. This unfortunately has resulted in high unemployment rates just because consumers and firms can purchase foreign goods for a little less than domestic products. But with this countrys abundant resources, is free trade really necessary?From a conservative viewpoint, the only remedy to decrease unemployment and stimulate our own economic growth is to chuck up the sponge the free trade policy and raise tariffs. Free trade has only crippled the American work force, increased beggary, and added to our national debt. If the liberals in Washington D.C. penury proof, look at the figures today there are about 10 million unemployed citizens and 35 million Americans are living in poverty because of free trade. Its obvious that the foreign industry is taking advantage of us. Just visit any clothing sto...