I kind of get the difference between fair trade and free trade, but which do you think is better for our country and other countries and why?
Fair trade is a term used when the governments are arguing for the right to direct the market in terms of tarrifs and levy's of imports and exports in order to keep the trades or market "fair"
Free trade advocates for fewer rules of trade and less government intervention - this is done when the government feels it has a better position to buy other peoples companies than they feel could be lost by them in open war of sorts
Trader war or peaceful rules - if your weak you want peace if your strong then war suits you can increase your holdings that way and quickly
Fair, free doesn't work.
When Bush said yesterday "Colombia taxes our goods heavily, but we don't. that needs to change, we need to make it free..."
No, I disagree wtih that. don't make it free. make it fair. Colombia, if you want to tax our goods 50%, we're taxing yours 50%.
I don't understand why we even import goods from countries that tax us more than we tax theirs, tell them to piss off and sell their goods to their 10,000,000 people rather than our 330,000,000 people.
Free-trade is a government issue.
Fair-trade is a social issue.
Can someone explain to me the difference between fair trade and free trade ?
