In Support of U.S. Free Trade

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Intro: Free trade provides opportunity, it provides growth, and it provides struggling nations a chance. With free trade, markets open across national borders and the consumer ultimately benefits from higher quality goods at fair market prices. The producers of such goods now have larger markets to sell to allowing for the opportunity at increased sales, giving the consumer a greater variety of goods that can more individually meet specific demands. Free trade implementation to the United States foreign policy is a developing and revolutionary mindset that will bring prosperity to all parties involved. The United States will benefit from free trade because the market to purchase U.S. made goods and services will increase dramatically in size, thus increasing trade revenues. By doing so, the U.S. can specialize the production of such goods and services in which they maintain a comparative advantage in, while importing products from other nations at a more cost-effective price for the benefit of the consumer. As of late, the debate of free trade has plagued U.S. foreign policy and caused many to question its overall successfulness however, the benefits of free trade severely outweigh the losses. Free trade builds economies, balances power, and can ultimately decrease trade deficit. While the U.S. is still developing its foreign policy to adopt the concept of free trade, recent free trade agreements can justify the necessity for such policies. An example of such benefits is the comparison of Bahrain to the United States. By size, Bahrain is only a blip on the map compared to the U.S., its GDP is insignificant, and its population size is but a mere fraction. However, from 2005 to 2011 U.S. exports to Bahrain grew by 246% t... ... middle of paper ... ...Free Trade – A Guide for PolicyMakers.” The Heritage Foundation. Web. 28 Oct. 2013 6. CATO Institute “Free Trade Benefits All,” by Marian L. Tupy, 2006, Washington Post. Web 28 Oct. 2013 7. "Conflicting Views on Globalization." Washington Post. The Washington Post, 28 Jan. 2011. Web. 28 Oct. 2013. 8. "Poll: Support For Free Trade On The Rise," by Kevin Hechtkopf Apr. 07, 2009. CBSNews. CBS Interactive. Web. 28 Oct. 2013. 9. "Role of Jobs, Outsourcing and Trade in Select Critical 2012 Contests." by Wilner, Elizabeth. 13 Nov. 2012. Kantar Media Group (n.d.): n. pag. Web. 28 Oct. 2013. 10. "Reaching 95% of the World's Consumers." by Hackbarth, Sean. 16 May. 2012. U.S. Chamber of Commerce. Free Enterprise. Web. 28 Oct. 2013. 11. "Trade Agreements and Jobs." Office of the United States Trade Representative. Executive Office of the President, Oct. 2011. Web. 28 Oct. 2013.
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