International Trade
- Submitted by: casdennis
- Views: 585
- Category: Politics: Economics
- Date Submitted: 09/06/2011 11:42 AM
- Pages: 2
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International Trade Debate
The U.S. places tariffs and quotas to prevent trading with other countries. People of the United States often benefit from it. The United States dollar value is stronger when foreign countries trade goods and products and weak when restrictions prevent trade. When people from the United States go to other countries, it is required that they trade more United States dollars to compare to the dollar price of that country.
Tariffs can be considered protection. High tariffs and quotas prevent goods that can be considered harmful from entering into a country. Products that are found in the United States which are harmful are high priced which may deter people from purchasing them. A high tariff can reduce harmful materials from being dumped onto United States land. Dumping that is harmful can include items such as radioactive materials, which are harmful to the people who may be in its area. Tariffs and quotas allow United States producers to produce the same products at more feasible prices.
Consumers may tend to not agree with the high tariffs and quotas due to the limited choices in products. Products from foreign countries come to the United States in limited supply and are higher in price. Products from the United States that compare to those are often not the same in quality as that of products from foreign countries. Another reason for why tariffs and quotas would not be a good idea for the U. S is that foreign countries can come up with identical tariffs and quotas on their products. The money in the U.S. increases when foreign countries buy their goods.
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The U.S. places tariffs and quotas to prevent trading with other countries. People of the United States often benefit from it. The United States dollar value is stronger when foreign countries trade goods and products and weak when restrictions prevent trade. When people from the United States go to other countries, it is required that they trade more United States dollars to compare to the dollar price of that country.
Tariffs can be considered protection. High tariffs and quotas prevent goods that can be considered harmful from entering into a country. Products that are found in the United States which are harmful are high priced which may deter people from purchasing them. A high tariff can reduce harmful materials from being dumped onto United States land. Dumping that is harmful can include items such as radioactive materials, which are harmful to the people who may be in its area. Tariffs and quotas allow United States producers to produce the same products at more feasible prices.
Consumers may tend to not agree with the high tariffs and quotas due to the limited choices in products. Products from foreign countries come to the United States in limited supply and are higher in price. Products from the United States that compare to those are often not the same in quality as that of products from foreign countries. Another reason for why tariffs and quotas would not be a good idea for the U. S is that foreign countries can come up with identical tariffs and quotas on their products. The money in the U.S. increases when foreign countries buy their goods.
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