this picture is taken from : http://www.worldsocialism.org/spgb/feb06/images/Free-trade%20cartoon.jpg.
From the Internet, I I found out that USA is one of the wealthiest countries in the whole world. Their opinion of a global economy is to commence free trade. Free trade is supposed to be beneficial to every country. However in my opinion, it seemed that free trade does not necessary means “free” to everyone!
Through free trade, it may seem that USA will have what it always wanted but it may affects the workers in both USA and other countries. Since there is free trade, workers’ wages may be affected. There might be net benefit for countries but the people suffer.
Since USA is wealthy, by having free trade with other poorer countries could mean it dominate other countries. It gets what it wants for free. On the other hand it is torturing the workers of poorer countries! They have to work harder to supply the demands of USA, which result in no workers’ rights. Hence, free trade only helps USA and other wealthy countries. Poor gets poorer, rich get richer!
That is my personal opinion for my observations!
shiyan :)
references: http://en.wikipedia.org/wiki/Free_trade
Labels: globalisation and economy
