Trade

From Powerbase
Jump to: navigation, search

Return to Globalisation:International Policy Network

Free trade is one of the most debated topics in economics of the 19th, 20th, and 21st century. It is a concept in economics and government that encompasses:

  • The free movement of labour and capital between countries
  • The absence of trade-distorting policies
  • Trade-distorting policies to enforce property rights
  • International trade of goods and services without tariffs or other trade barriers

IPN’s trade project emphasizes the benefits of freedom to trade for all people, and the benefits of open investment, and competition between jurisdictions in matters of tax and regulatory policy. Free trade enables people to lead better lives and it benefits the environment as well, according to Julian Morris. '[1] IPN along with the Atlas Economic Research Foundation launched the Freedom to Trade Campaign in 2009, it is a coalition of 76 think tanks and civil society organisations in 48 countries, which supports free trade and opposes protectionism in all its guises. IPN see trade is the surest known route out of poverty. Given the freedom to trade goods and services, people can use their comparative advantage of production and exchange their goods for things that other people make better

Notes

  1. IPN, “IPN Programs and Policy Projects”, accessed 11 November 2010