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  • Essay / For or Against Free Trade - 2399

    The argument has been made that free trade is the path that should and will be taken to improve the global economy for everyone. Thanks to it, states will be able to better distribute resources, labor and goods. This feeling, however, is not shared by everyone. Ian Fletcher is a major opponent of free trade. His argument against free trade is strong, but through other readings, notably that of Moonhawk Kim on the GATT/WTO, we can see that the theory of free trade is still evolving at the international level and that in By sticking to it and ensuring that states are willing to work with each other, they will eventually be able to accomplish everything they are theorized to accomplish. The argument has been made that globalization, inevitable, and free trade are the best option that states can use for their economies. Fletcher, however, considers this a big lie. In the first chapter of his book Free Trade Isn't Working: What Should Replace It and Why?, he begins with his argument against globalization and then ends with the flaws of free trade and what he calls out the lies that we talk about in an attempt to With complicit states, this is the way to go. Fletcher begins his argument with globalization. Theories written about globalization revolved around whether it was good or bad for the economies of states and how long it would last. According to Fletcher, these ideas miss the mark. Each of these thoughts on globalization assumes that globalization is a force that cannot be stopped and will happen whether states like it or not. This is not the case. According to Fletcher, we should instead ask "how far will it go", "what form will it take" and "what measures should states take to influence it". These questions show that globalization is a choice that States can make and... middle of paper ...... a convergence of the State regulatory system and that instead of this division, States are instead designing institutional solutions which will contribute to convergence. of these two systems and that even if this can happen, it remains necessary to continually evolve in the international governance of free trade to guarantee fairness. As Fletcher noted, he makes valid arguments for why free trade is not the solution. route that the State should take. However, a closer look at his arguments reveals gaps. Add this to Kim's writings and you will see that although the system is not perfect, organizations like the GATT and the WTO exist to help perfect the system. Understanding this will lead to beneficial discussions about how the system can be continually updated and perfected. Doing this will allow free trade to be able to accomplish what is theoretically done..