Free Trade Research Paper Example | Topics and Well Written Essays - 750 words

Free Trade - Research Paper Example After all, states aim at managing the economy such that people get goods at the lowest possible or affordable costs so that they can consume more and improve their living standard. Unfortunately, states do not have matching ownership on various resources that are necessary in the economy. For example, natural resource reserves such as iron, petroleum, coal, aluminum, copper and other differ widely among the nations. Other resources such as skilled and unskilled laborers, technology, or capital all vary substantially across the nations. Therefore, it becomes necessary for the countries to produce goods based on their core competencies and availability of resources so that goods are produced at the most economical cost. The surplus produce can be exchanged with the goods produced by other countries economically. The benefit of economic production can be availed only when there are no tariff barriers between the states. The free trade provides significant economic boost to the member co untries in terms of GDP, employment. It is in fact a win-win situation for people of both the countries. Based on the above perspective, the US entered into a free trade agreement between Canada and Mexico on January 1, 1994 that came to be known as NAFTA. It is a world’s largest free trade agreement covering 45 million people with the combined GDP of the US, Canada and Mexico have surpassed US $17 trillion based on 2008 figures significantly up from the 1993 figure at US$7.6 trillion. It has been argued that North American employment levels have increased by 23% since its beginning. This amounts to a net gain of 39.7 million jobs (Naftanow.org , 2012). Trade bloc countries eliminate tariffs thus making the cost of imports cheaper. As a result, demand of the goods spurts due to lower price availability. For exporters, it provides an increased business opportunity and for importers, consumers benefit

Conflict in my polish teachers tie How is conflict between social Essay

Conflict in my polish teachers tie How is conflict between social position and identity presented - Essay Example From then onwards, she lost command over her mother tongue. It was Stefan that brought her back to her instincts. The friendship of Carla and Stefan started when one day the Head of the school announced the teachers exchange program. The theme of the program was â€Å"Polish teachers looking for English pen friends to improve their English†2. It was something that stimulated Carla and although she wasn’t eligible, she was confident enough to get the details from the Head who was reluctant to do so. She received letters from Stefan who started calling himself Steve. The letters mostly contained poems in both English and Polish. They had developed and reached a very comfortable level of communication so she told him about Jade and memories of her childhood when she knew how to sing Polish songs. But what she didn’t tell him and he assumed was that she was a teacher and not someone from the catering staff. Her conscience told her that she wasn’t doing something wrong by hiding her designation. The stream of letters kept flowing between them when one day the Head announced that a Polish teacher was coming to England and paying a visit to the school. He was going to stay with a teacher named Mrs. Kenward. It was Stefan Jeziorny, Carla’s pen friend who was coming. He was also expecting to meet Carla, the teacher. This news alarmed her because she thought Steve would find out that she pretended to be a teacher and that might cost her to lose their friendship. But when he arrived, Carla met him and introduced herself wearing the blue and white uniform of a caterer. To her surprise, Steve was filled with so much joy that he sang a Polish song to her that spurred back her memories of childhood. Carla noticed something unique in the attire of her friend, a red colored tie with bold green squiggles that she admired. That tie represented the flag of a different country, a country either one of them didn’t belong to. 3 This