yaddyyaddyyada free trade etc.etc.
G'day again. Well as I type this, it's night time so perhaps it should be g'night/g'evening;)
So i debating blog u reckon? for debating lots of arguments? lol. ok, but as long as it can also be a blog for spilling shit in: shit, shit, shit, shit, shit, shit, fuck, shit;)
Ok, so fair trade... well what i think is that there are at least two ways of looking at the argument. This argument swings two ways. True, 3rd world countries probably do suffer from richer countries putting tariffs on their imports
But poor countries(under free trade) suffer from rich companies from richer countries importing any goods into their country because this damages the poor localised companies. The rich companies (that imported goods from the rich country) can afford to sell their goods at a cheaper price than the poorer localised companies. Therefore the local consumers choose to buy goods from the company selling the cheaper goods... this is just the behaviour of consumers; they always want the cheaper one. (arrgh stupid consumers, why can't they just buy the most expensive thing;) lol)... Sooooo the consumers keep buying from the rich company and the poorer localised company loses out, and collapses, and, well goes to corporate hell. This means that under free trade, businesses from poorer countries are always struggling against richer overseas businesses and can never prosper meaning that poor countries would always have poor economic growth.
... If France were to remove tarriffs, and stop subsidising French farmers, African food would become much cheaper in France, and money would begin to flow from France into Africa. But also companies from France would move in to Africa (since no company can resist the chance to make profit) and compete against the still growing poor companies from Africa. And would most likely overpower the poorer companies from Africa. And without charging tariffs, Africa is completely defenseless. But a problem lies in that if Africa charged tariffs on France, France would charge tariffs on Africa, and Africa would lose the most because France is richer. France can afford not to trade with Africa, whereas Africa needs all the trading partners it can get.
Under complete free trade, the rich countries will be protected at the expense of the farmers from the poor countries. Therefore some use of tariffs will be required to protect the poor countries, or as i like to call it; we need 'fair' trade!
The arguments for and against free trade are limitless, hense why no one can agree which one is better so that the whole world can switch to the better one!
I think the bottom line is:
- Free trade is good for rich countries
- Fair trade is good for poor countries... and not so good for rich countries.
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