It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by crontab
You can go into the whole economic consequences, but the primary reason for promoting is not purely economic. The whole current free trade regime was established after World War II to encourage interdepency, and cross-country ties to prevent World War III.
Is the failure to advance trade policy the predecessor of more wars? After the failure of advancing new trade treaties, there is the underlying threat the world could retreat into protectionism. A confluence of forces seem to be converging to oppose greater international trade.
The fact that the U.S. will not budge on the farm subsidies is an indicator that the cutting of farm subsidies could adversely affect our economy and could be the reason for the unwillingness on the part of the U.S. to give in to the proposal.
Originally posted by sardion2000
Free Trade indeed... why don't we all give up this rediculous pretense of some unified, free, laisse faire economic zone some peopel want to setup.
...Fair trade I always give the thumbs up too. Free trade I will always remain wary of because it lets the darker and greedier sides of Humanity to pretty much get away with anything.
The whole current free trade regime was established after World War II to encourage interdepency, and cross-country ties to prevent World War III.