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Essay

Is There Any Possibility Of Fair Trade For The World?

Essay specific features

 

Issue:

Social Issues

 

Written by:

Edith B

 

Date added:

July 24, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

10 / 2579

 

Was viewed:

2866 times

 

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Essay content:

As we know, the international trade system right now is based on the “comparative advantage theory”, which the benefits come from specializations; the larger markets will enhance the gains from economies of scale; and the more competition will makes a production more efficient. The problem is all the benefits that are promised by the “comparative advantage” theory, only come to the powerful nations/groups/individuals...
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The problem is all the benefits that are promised by the “comparative advantage” theory, only come to the powerful nations/groups/individuals. The capitalism that are embedded in international trading system makes the rich get rich, and the poor get poor. Right now, there are a huge gap between rich and poor people and nations...
displayed 300 characters

General issues of this essay:
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