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US Trade Barriers and Globalization

Date Submitted: 01/19/2002 11:46:50
Category: / History
Length: 5 pages (1379 words)
Views: 116274

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…short term trade solutions. In the long run, it is not an efficient means of international trade. Consumers are forced to pay for a cost benefiting an industry and not themselves. In response to a trade order, an effected country may put up trade barriers to offset those of another country. The end result is a lose-lose situation for both countries. Free trade and globalization are the only effective means to generating economic increase worldwide.

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