Should the United States pursue free-trade agreement Essay

Should the unite States pursue free- occupation agreement - Essay ExampleThe services of the free patronage agreements for the United States and other relevant arguments leave be discussed further to support this statement.First of all, free-trade agreements (FTAs) provide the United States with greater opportunities to open up unusual markets to U.S exporters (Textbook, 41). Reduction of trade barriers and tariffs for export, diplomatic and national security, increase stability and transparency of both investment and craft environment, positive public relations with potential investors are the main benefits the U.S. and its FTA partner country/countries will get along (Trade.gov, n.p.). As FTAs involve smaller number of countries, the negotiation process is more flexible and has advantageously greater chance for success than seven-sided trade negotiations (Ewing-Chow, 264). Not only the United States will benefit from the new FTAs but also the other countries involved. Mor eover, some experts believe that the other countries will be tied(p) in more beneficial position than the USA due to smaller sizes of their economies (Arnold, n.p.).Proponents of the multilateral trade agreements and trade liberalization might criticize this position, arguing that this will undermine the role of WTO and Doha Round multilateral trade liberalization agreement. Even though, the WTO has undertaken some efforts and initiatives for global trade liberalization and increased market openness, the concluding agreement has not been achieved. The Doha Development Agenda, launched in 2001 as the first round of global trade negotiations, has reached an impasse (Francois, van Meijl, van Tongeren, 350). One of the reasons of the series of launch-delays is the divide of the interests of the major players developed and developing countries (Evenett, 143). With the increased global weight of such countries as China, and India, it might be very challenging to reach uncouth agreement . Developing countries do not want to being taken advantage of by the developed