International Trade For Developing Countries Research Proposal

The World Hunger organization (www.worldhunger.org) assertsthat there is a bias in international trade rules that favor developed nations. Why? Developed nations control the World Trade Organization, according to the World Hunger organization; and as to export items like pharmaceuticals, developed countries have shown "reluctance" to allow developing countries "to produce or import low cost generic drugs for major illnesses, such as AIDS" (www.worldhunger.org).

Another example of this alleged unfairness can be viewed in light of the U.S. Sugar Tariffs and Brazil. In the Washington Post (Jeter, 2003) it is explained that though the U.S. extols the greatness of free trade, it does not always live up to that rhetoric. The U.S. imposes a tariff of 244% on sugar imports "...above a small quote of duty free sugar imports" (Jeter, 2003). "While Brazil has both plentiful and fertile land and available workers, the 244% tariff that the U.S. Government levies on sugar imports" (above pre-established quotas) thoroughly throttles the Latin American nation from greatly expanding its sugar industry. This is an example of an unfair negotiation, and it also shows that big developed nations and their multinational corporations - such as seen in the U.S. - can dominate on the global market when it wants to protect its own resources and interests.

Brazil could easily double its sugar production almost overnight," said the president of the...

...

But there is a cautionary note to that potential success, and that is that those Third World countries need to develop the sophistication regarding international trade negotiations to be sure they get a fair deal.
Fairness is nearly as big a part of any international trade agreement as the potential exported and imported products and services that are being discussed in the negotiations.

Works Cited

Jeter, John. "Brazilians Soured by U.S. Sugar Tariffs." Washington Post 10 September 2003. Retrieved March 3, 2009, at http://www.washingtonpost.com.

Nogues, Julio J. "Unequal Exchange: Developing Countries in the International Trade

Negotiations." Murphy Institute Conference (2002). Retrieved March 4, 2009, at http://www.ctrc.sice.oas.org/geograph/south/nogues.pdf.

Office of the United States Trade Representative. "The Benefits of Trade for Developing

Countries." Retrieved March 4, 2009, at http://www.ustr.gov.

World Hunger. "Special Report: Trade Between Developed and Developing Countries."

Retrieved March 3, 2009, at http://www.worldhunger.org/articles/global/Trade/trade.htm.

Sources Used in Documents:

Works Cited

Jeter, John. "Brazilians Soured by U.S. Sugar Tariffs." Washington Post 10 September 2003. Retrieved March 3, 2009, at http://www.washingtonpost.com.

Nogues, Julio J. "Unequal Exchange: Developing Countries in the International Trade

Negotiations." Murphy Institute Conference (2002). Retrieved March 4, 2009, at http://www.ctrc.sice.oas.org/geograph/south/nogues.pdf.

Office of the United States Trade Representative. "The Benefits of Trade for Developing
Countries." Retrieved March 4, 2009, at http://www.ustr.gov.
Retrieved March 3, 2009, at http://www.worldhunger.org/articles/global/Trade/trade.htm.


Cite this Document:

"International Trade For Developing Countries" (2009, March 05) Retrieved April 24, 2024, from
https://www.paperdue.com/essay/international-trade-for-developing-countries-24261

"International Trade For Developing Countries" 05 March 2009. Web.24 April. 2024. <
https://www.paperdue.com/essay/international-trade-for-developing-countries-24261>

"International Trade For Developing Countries", 05 March 2009, Accessed.24 April. 2024,
https://www.paperdue.com/essay/international-trade-for-developing-countries-24261

Related Documents

RUNNNG HEAD: Microeconomics Microeconomics International Trade All the countries in the world are dependent on each other nowadays. Countries need natural resources that are not present in their homeland or they may also be in need of some finished goods that they don't produce. This interdependency gives a beginning to trade between countries. The notion of international trade has become quite common nowadays as all the countries are participating in it. In addition

International Trade in Services in BRIC Countries International trade in services plays a key role in the economic development of a country. Trade in services has grown at a much faster pace than the trade in good for the past three decades. This paper analyzes International trade in services in context of Brazil, Russia, India and China (BRIC countries). The paper discusses in detail how these countries have made drastic changes

International trade has high importance in the economic growth of the country. Even it is not only in benefit of the country's economy but there are number of benefits for the global organization and the overall world's economy as well. Without international trade, it was never possible to reach the success level at which the world is right now. An international trade is the major source of revenue for the country

International Trade Theories International trade may be classified as the trade of capital, goods, and services across international boundaries or areas. In many nations, such trade signifies a substantial share of the country's gross domestic product (GDP). While international trade continues to be present throughout a lot of significant research for trade history (see Silk Road, Amber Road), the fact remains that the over societal, economic and political importance for international

Developing Countries Production Oil in Nigeria Nigeria is located in West Africa and its borders are shared in the west by Republic of Benin, in the east Chad and Cameroon and in the North Chad. There are over 500 ethnic groups in the country but the three largest are Yoruba, Igbo and Hausa. In Africa Nigeria has the highest population and in the world it is ranked seventh most populous country. Nigeria

International Trade Each year, globalization plays a more profound role in regards to the national economies of the world. Globalization has allowed for the expansion of corporations beyond their natural domestic limits. As such it has contributed to an increased standard of living for those who embrace its presence. Free trade therefore, is a welcomed addition within the overarching trend of globalization. Free trade allows for the transfer of goods and