Trade Policies

Should locally created companies be allowed to freely import and export goods with other countries? Should the government deny or limit companies’ importing/exporting privileges?

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5 Comments on “Trade Policies”

  1. gregw89 Says:

    I believe that the government should create tough regulations on imports, creating more local jobs.

    There should be less regulations on exports, as long as the product is not in short supply locally. An example is exporting food abroad when there are starving citizens locally.

  2. danielg92 Says:

    I would prefer to eliminate barriers to trade.

    Regarding imports, the reason we buy so much stuff from China, for example, is that they sell their goods to us at lower prices than everyone else. If I can buy a computer for $500 from China that would usually cost $1000 in the U.S., then I have saved $500 which I can either spend on other items I wouldn’t have otherwise bought or invest in some business and make money.

    Regarding exports, we mostly agree, but using your example of food exports, the reason foreigners are buying our food at higher prices is that they value it more highly than we do. If you stop exports, foreigners will starve and the exporter will suffer. If you want to stop local starvation, that is the place of safety net programs to allow the starved to buy food.

    • gregw89 Says:

      I understand the reason for buying imports and acknowledge that it helps corporations save money. This near monopoly held by other countries does make goods cheaper here, but it also removes a lot of local jobs. This paradox may be remedied by reducing the minimum wage to more closely compete with foreigners. I do not see this as a complete solution, as we obviously can’t live off of $3 an hour while many Chinese would love that wage.

      I agree with you that safety net programs are designed to stop starvation and extreme poverty. It all depends on how efficient these programs work and at what level people are eligible for assistance.

  3. whitelocust Says:

    Greg is correct. I believe that the government should create tough regulations on imports, creating more local jobs.

    There should be less regulations on exports, as long as the product is not in short supply locally. An example is exporting food abroad when there are starving citizens locally.

  4. whitelocust Says:

    There is no such thing a free trade with communist slave masters.


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