This blog contains posts and comments written by students in Dr. Tufte's economics classes at Southern Utah University.
4/01/2006
Free Trade Is The Right Choice!
An April 1, 2006 post called "Free trade pact?" on the FinanceProfessor.com blog was to the point, and accurate. The author provided a snippet from a BBC News source that explained South Africa, India, and Brazil's desire to establish free trade with one another. I think this would be great for them. Having the ability to trade with others makes markets more efficient because it allows others to produce items and make profits, while creating a larger market of consumers for producers. Less restrictions on trade offer more opportunities to engage in market related avticity, and therefore help to increase the quality of life for nations around the world. I hope that the nations listed above will be able to engage in free trade with one another and will be able to see the fruits of their labor in the process.
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