Debate On Applicability of "free Trade" To Current Economic Conditions
Another aspect of the debate over "free trade" revolves around the question of how much the concept accurately describes particular policies or economic conditions. Economist Dean Baker has argued in his book the Conservative Nanny State that regional trade agreements such as the North American Free Trade Agreement and Dominican Republic-Central America Free Trade Agreement and global trade agreements such as the World Trade Organization cannot accurately be termed "free trade" agreements because they actually increase certain barriers to trade (such as through the creation of monopoly patents for pharmaceuticals), while decreasing other barriers. Baker recommends calling these policies "trade" agreements.
Read more about this topic: Free Trade Debate
Famous quotes containing the words debate, free, trade, current, economic and/or conditions:
“My first debate in high school—”Resolved: Girls are no good”—and I won!”
—Donald Freed, U.S. screenwriter, and Arnold M. Stone. Robert Altman. Richard Nixon (Philip Baker Hall)
“The political truths declared in that solemn manner acquire by degrees the character of fundamental maxims of free Government, and as they become incorporated with national sentiment, counteract the impulses of interest and passion.”
—James Madison (1751–1836)
“Though I have locked my gate on them
I pity all the young,
I know what devil’s trade they learn
From those they live among,
Their drink, their pitch and toss by day,
Their robbery by night....”
—William Butler Yeats (1865–1939)
“Reputation runs behind the current state of affairs.”
—Mason Cooley (b. 1927)
“Politics at all times lead to bloody wars, and not only politics, but also religions as well as social and economic systems of all times are spattered with blood. Invariably the big ones devoured the little ones, and the little ones the tiny ones.”
—Friedrich Dürrenmatt (1921–1990)
“The Supreme Court would have pleased me more if they had concerned themselves about enforcing the compulsory education provisions for Negroes in the South as is done for white children. The next ten years would be better spent in appointing truant officers and looking after conditions in the homes from which the children come. Use to the limit what we already have.”
—Zora Neale Hurston (1891–1960)