posted on Jan, 11 2010 @ 09:23 PM
I'm taking an economics class... most of what are called "free-trade agreements" actually are government central planning programs in disguise.
These "free-trade agreements" are really mass protectionist programs-- like NAFTA-- which really protects the countries Mexico, the United States
and Canada from international competition. It shelters them off from everyone else and is more like a socialist planning program for those three
Individual governments use protectionist policies to hamper the benefits of international trade. They make prices of international goods higher to
"protect their industries". Governments control the rate of exchanges between themselves. the WTO-- is not a benevolent organization that helps
promote free trade throughout the world. It in fact promotes managed trade... and helps promote rules to enforce manage trade. It enforces minimum
wage laws in lesser advanced countries forcing companies to pay more than they can afford.
Just how have these managed trade promoters been passed off as free-traders? These people who claim to promote free-trade are not really promoting
free-trade... but they're promoting managed trade. Any time you see the word "free trade agreement" you can bet that it's the exact opposite.
[edit on 11-1-2010 by Frankidealist35]