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05.05 Should Free Trade Be a Goal

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Amber A.

on 22 April 2015

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Transcript of 05.05 Should Free Trade Be a Goal

05.05 Should Free Trade Be a Goal
Pro Free Trade
A. What is the issue discussed in the visual media item you chose?
What are two benefits and two costs of free trade?
One benefit of free trade is that it can help economic growth. Increasing wages and the amount of employment options can help with issues like poverty and unemployment rates. Another benefit is of free trade is that there are new roles for tech and industry to develop. Poorer countries will be able to get access to new technology and industries.

What is protectionism and why would a country base trade policy on it? Explain at least two reasons.
Anti Free Trade
A. What is the issue discussed in the visual media item you chose?
The political cartoon to the left depicts a man representing corporate America excited that there is free trade at last. However, workers from the United States and workers abroad are miserable because of the effects it has on them.


The creator feels that if there is free trade, US workers will lose jobs and workers abroad will have slave like wages.
B. What is the creator’s viewpoint on the issue? What details in the resource support the author’s claim? Provide evidence from the item to support your response.
I disagree with the viewpoint of the item I chose. This is because there are particular goods that just cannot be produced in the US due to the lack of natural resources. Since other countries have those resources, they can produce these items for us. In return we can produce and trade items that other countries cannot.
C. Does this viewpoint reflect a commitment to free trade or to protectionism? Explain your answer and include evidence from the item to support your response.
This viewpoint reflects a commitment to protectionism. This is because the political cartoon shows negative effects of free trade. The creator thinks it will make workers everywhere miserable by having no workers rights and slave wages.
D. Do you agree or disagree with the viewpoint of the item you chose? Why or why not?
B. What is the creator’s viewpoint on the issue? What details in the resource support the author’s claim?
C. Does this viewpoint reflect a commitment to free trade or to protectionism?
D. Do you agree or disagree with the viewpoint of the item you chose? Why or why not?
The cartoon the right depicts two men, and one says to the other, "You drive a Japanese car, drink french wine, eat chinese food, own an American computer, buy canadian lumber and vacation in Mexico. How can you be AGAINST free trade?!" The cartoon is implying that the other man purchases and utilizes products from all over the world but is somehow against free trade.
I agree with the viewpoint of the item I chose. I believe free trade is a good idea. It can positively affect our country economically and could possibly help us become allies with other foreign countries.
The creator's viewpoint is that many people claim they are against free trade, yet they use items from all over the world. The man says at the end, "How can you be AGAINST free trade?!"
The viewpoint reflects a commitment to free trade. The creator is for free trade and cannot understand people who are against free trade. In the cartoon, the man lists many things that the other man is using, and they are from different places in the world, like China, Japan, and Canada.
One cost of free trade is that the domestic industry will be threatened. Factories and workers will go to other countries, where it is cheaper. If this happens, the unemployment rate will rise. Another cost of free trade is that there might be fewer goods. Smaller economies might be encouraged to depend on only a few products or resources. If there is little to no diversity, a loss of demanded products could eventually destroy the economy.
Protectionism is the support or use of economic policies that are made to restrict trade between countries. The government restricts international trade. A country would base trade policy on it because they can prevent local businesses and jobs from competition in foreign countries. Furthermore, if a country is not getting along with another country, they can place high tax on the products the other country needs so that it makes it all the more difficult to acquire those items.
Source:
http: //overflow.umwblogs.org/labor-and-globalization/
Source: http: //www.cartoonstock.com/directory/f/free_trade.asp
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