Thursday, May 8, 2014

Foreign Trade Agreements

The following was written in November 2013 as a response to the questionnaire for federal candidates seeking an endorsement from the Liberty Caucus of the Republican Conference (i.e., the Republican Party).

Here is the link to the original questionnaire:

http://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&ved=0CC4QFjAA&url=http%3A%2F%2Fwi.rlc.org%2Fwp-content%2Fuploads%2F2010%2F05%2FFederal-Candidate-Questionnaire.doc&ei=u3B8UqXbBqPiiwL2ioCoDg&usg=AFQjCNHAzM58Dr-APGVchRKzOkVV0TKRyw&sig2=qStOgZ0RAgXVAbnHi2kFtw

This is my answer to Question #7.




7. A and C
   (I favor both bi-lateral and multi-lateral agreements to reduce barriers to trade; rather than favoring America first in every way possible or supporting and protecting industries which are in trouble)
   With respect to international commerce, I favor both (A) multi-lateral and (C) bilateral agreements and treaties to reduce barriers to trade such as quotas and tariffs.
   I believe that it would not be wise to support (D) America first in every way possible or to (B) support and protect industries which are in trouble because for a country to consider only its own interests and not the interests of other nations, and to favor itself and its industries – and choose itself and its industries as winners in the market – is to flaunt the fundamental rules of free markets, which is fair competition where no one is a dictator and no one is under duress.
    Nations must reduce barriers to trade – such as quotas and tariffs – in order to foster an environment of free and fair trade and friendly competition, without the corruption of government subsidies, favors, bailouts, and protectionism.

   I would support efforts to make both (A) multi-lateral and (C) bilateral agreements and treaties to reduce barriers to trade, in order to promote economic freedom and good economic and social relations with foreign nations.




For more entries on free trade, fair trade, the balance of trade, and protectionism, please visit:

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