Should Trade Sanctions Be Stopped Essays

Should Trade Sanctions Be Stopped Essays

Length: 2281 words (6.5 double-spaced pages)

Rating: Powerful Essays

Open Document

Essay Preview

     

SHOULD ALL TRADE SANCTIONS BE STOPPED?


To most of the world, sanctions are a mixed blessing. On the one hand, they reinforce trade rules and promote respect for them. On the other hand, they tend to undermine the principles of free trade and provoke a kind of ‘trade envy’(Charnovitz) in other international organizations.
     Trade retaliation goes back quite a ways; we see examples of it in much of US law:
-Antidumping Act of 1916, which has seen little use.(Charnovitz)
-International Labor Organization, from the Treaty of Versailles 1919, which served as an international dispute system, but no economic measures were ever recommended until 2000, against Burma.(Charnovitz)
-UN Security Council, which handles breaches of peace, only used sanctions 3 times between 1920-1990, but now uses them much more frequently.(Charnovitz)
     To understand the difficulty I have agreeing with the suggestion that all trade sanctions must be stopped, I feel it is important to discuss some of the good, the bad, and the ugly involved with imposing sanctions. I’ll start my discussion with some of the good that comes from restricting trade, move into some of the negative affects, and summarize with improvements I feel could be made to this defunct system.
     The first advantage that comes to mind about imposing trade sanctions would have to be the ability of the sanctioning government to let everyone know how pissed they are, make their own people relatively happy, and then move on. Although this may only be temporary.(Charnovitz)
     Individual countries, especially major world powers, like to impose trade sanctions even when the probability of forcing a change in the target country’s policy is small. In addition to indicating a resolution and suggesting their disapproval to the direct wrong doer and to other countries, politicians may also want to pose for their own people.(Library of Economics) If you look at the example of the US, European, and British sanctions against South Africa as well as US, European, and Japanese sanctions against China in the wake of the Tiananmen Square massacre, you can see that these were specifically designed to put their own citizens at ease, to make a moral and historical statement, and to send a warning to f...


... middle of paper ...


...t be a common ground. There are different circumstances for every case brought forth, some where sanctions seem to be the only course of action, and some where they seem to be the worst course of action. We need to learn how to take this effective bargaining tool, and use it to better our global trading community.

     

BIBLIOGRAPHY


Chanovitz, Steve Rethinking WTO Trade Sanctions Social Science Research Network
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=256952

Elliott, Kimberly Evidence on the Costs and Benefits of Economic Sanctions Institute for International Economics
http://www.iie.com/publications/papers/elliott1097.htm

Library of Economics Lookup = Sanctions
http://www.econlib.org/library/Enc/Sanctions.html

Schooland, Ken International Trade and Finance HPU Economics 3400, Lecture/Video on Panama.

Weiss, Stanley A. Trade Sanctions are a Misused Tool International Herald Tribune Saturday, June 26, 1999

Yang, Jaiwan; Teegan, Hildy Both are Associate Professors for the Department of International Business at George Washington University US Economic Sanctions and Globalization: Economic Impact and Policy Implications
http://www.gwu.edu


Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

The World Trade Organization and Environmental Protection Essay

- In this paper, I begin by defining international governance and the problems surrounding the definition which provide background information. I go on to examine how the rules of the WTO have affected international environmental governance through ignoring environmental protection and labour rights. I compare from one angle the effects of GATT to trade liberalization. I use the example of the endangered sea turtle to show how the United States intended to protect the environment but was stopped by WTO rules....   [tags: public policy]

Powerful Essays
2666 words (7.6 pages)

International Business: Trade Sanctions Essay

- The topic I picked to research was trade sanctions. Trade sanctions are one of the many different trade barriers that countries usually use to protect their domestic market. They are penalties that are placed on a country by another country, usually at time where countries face a policy or political dispute. The penalties usually take the form of duties or tariffs. The 3 articles I found are: Iran looks to oil to ease the pressure of economic sanctions by Jason Rezaian, The power of sanctions between countries by Brent Radcliff, and Why sanctions on Cuba must remain by Jamie Suchlicki....   [tags: trade barriers, domestic market protection]

Powerful Essays
1867 words (5.3 pages)

William Pitt 's Speech On Slavery

- William Pitt talks in a way that persuades people to believe him and actually feel what he is saying. In his speech about slave trade and why it should be abolished, he uses multiple strategies in order to get his point across. In the beginning of his speech he uses a series of rhetorical questions “If then we feel… If we view… If we shudder” (Safire 657.) he uses these questions in order to amend the motion on abolishing slave trade. William Pitt the younger believed that slave trade should be abolished because it is not advantageous to Great Britain it actually is most destructive and ruins the economy by “supplying our plantations with negroes” and it goes against the first principle o...   [tags: Slavery, British Empire, Atlantic slave trade]

Powerful Essays
1006 words (2.9 pages)

Terrorism Needs to be Stopped Essays

- Terrorists Terrorists are all over the world, they harm innocent people for their own enjoyment and they should be stopped. There have been many terrorists in history, for example Hitler was a terrorist that wanted to punish people who were Jewish. Also, Bin Laden and the Al-Qaeda hijacked U.S.A. planes and crashed them on American soil. But that incident ended when American Soldiers assassinated Bin Laden. People are tired of living in fear because of terrorists. Get rid of the terrorists. The leaders of the world have searched for terrorists and have some success....   [tags: Al-Qaeda, Bin Laden, world trade center]

Powerful Essays
993 words (2.8 pages)

The Effectiveness of Sanctions Essay

- Throughout the past century the world has seen two world wars, several dozen border conflicts, and civil uprisings with the eventual ousting of a leader. These conflicts are usually outside of media attention so all of the lives lost, corrupt leadership, and downright dishonesty is never revealed to the international public. Physical violence has always been the direct means to solving most of these conflicts but with a cost. Both side usually lost hundreds and sometimes thousands of lives and in the end there was never a plan in place to ensure these problems never occurred again....   [tags: Diplomacy]

Powerful Essays
2049 words (5.9 pages)

Should the US Impose Economic Sanctions on Russia Essay

- Living in an anarchical world has many implications. From Milner’s essay (1991), anarchy is said to imply three things. Anarchy may imply the lack of order among the countries which is not the case in the present time. It may imply a lack of government that points out that there is no central authority in the international sphere. Lastly, it may imply a lack of institutions and laws that govern the actions of each country. Fortunately, even though we live in an anarchical world, the international sphere of today’s time has some semblance of order even though it lacks a central government, institutions, and laws....   [tags: ukraine, russians, anarchichal world]

Powerful Essays
1667 words (4.8 pages)

Chinese Companies With Sanctions Over Digital Attacks For Trade Secrets Essay

- HONG KONG — As President Xi Jinping of China prepares for his first state visit to the United States this month, Washington has warned that it could hit Chinese companies with sanctions over digital attacks for trade secrets. Beijing is now pushing back in an unorthodox way: by organizing a technology forum to demonstrate its own sway over the American tech industry. The meeting, which is set to take place Sept. 23 in Seattle, is planned to feature China’s Internet czar, Lu Wei, the overseer of China’s restrictions on foreign technology companies....   [tags: United States, President of the United States]

Powerful Essays
1273 words (3.6 pages)

Bullying in Schools Should be Stopped Essay examples

- The U.S. Department of Health & Human Services defines bullying as, “unwanted, aggressive behavior among school aged children that involves a real or perceived power imbalance. The behavior is repeated, or has the potential to be repeated, over time. Bullying includes actions such as making threats, spreading rumors, attacking someone physically or verbally, and excluding someone from a group on purpose.” There is an epidemic of bullying in schools across the nation....   [tags: Suicide, Prevention Strategies, Warning Signs]

Powerful Essays
2002 words (5.7 pages)

Essay on Animal Experimentation Should Be Stopped

- The question of whether or not animals ought to have rights, is perhaps one of the most hotly debated topics in the contemporary society. Many people widely regard animals as sentient creatures that do not have rights of their own. Such a notion has led to the increasing objectification of animals as human property. Consequently, animals are often utilized as service providers to human beings. However, an increasing number of people believe that animals are entitled to rights, which are equivalent to those accorded to human beings....   [tags: Animal rights, Animal testing, Biology]

Powerful Essays
975 words (2.8 pages)

Essay on Should Animal Testing Be Stopped?

- Medicine, household products, cosmetic, and food has been tested and put into shelves to sell for our own kind. Animal testing, a way to enable lifesaving treatments for both humans and animals. They test on animals to see if it will cause harm or not when using. Not all things are tested on animals. Fine print labels that states that they don’t test on animals and the leaping bunny are products that do not use animals for testing. “Should animal testing be stopped?” A question that is still asked today, which has separated people in to groups of what they believe and what it should be done....   [tags: Animal testing, Animal rights, Toxicology testing]

Powerful Essays
1350 words (3.9 pages)