Thứ Sáu, 17 tháng 10, 2014

International Trade

International Trade is something that affects every individual in every country, daily. So, what is international trade basically? International trade is the exchange of capital, goods, and services across international borders or territories. This type of trade gives rise to a world economy, in which prices, or supply and demand, affect and are affected by global events.

These are some international trade problems:Intellectual property including copyright, patent and trademarks, lack foreign competitive bidding, increasing imports and unfair competition,....


I think the World Trade Organization(WTO) is doing a good job in improving the international trade.Right now, there are 160 countries include in this WTO.The World Trade Organization (WTO) deals with the global rules of trade between nations. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible.
According to globalexchange.org, here are some top reasons that WTO should be opposed by people:
1. The WTO Is Fundamentally Undemocratic
2. The WTO Will Not Make Us Safer
3. The WTO Tramples Labor and Human Rights
4. The WTO Would Privatize Essential Services
5. The WTO Is Destroying the Environment
6. The WTO is Killing People
7. The WTO is Increasing Inequality
8. The WTO is Increasing Hunger
9. The WTO Hurts Poor, Small Countries in Favor of Rich Powerful Nations
10. The WTO Undermines Local Level Decision-Making and National Sovereignty
11. There are Alternatives to the WTO
12. The Tide is Turning Against Free Trade and the WTO!
In my opinion, international trade is a necessary thing for every country and also the whole world.So, if people want to improve and develop it, basically just don't export and import facilities with higher price, also ensure about the quality of the goods also facilities and finally, help some country that don't want to trade to understand that they need this to develop and improve their country problems.


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