Free trade and standard of living of developed and developing countries.
Title: Free trade and standard of living of developed and developing countries.
Author: Camille Roussel
Supervisor: Ms. XIE Bei
School: School of Economics
Date: 2009/05/12
Summary
Preface………………………………………………………………………………………...1
Abstract………………………………………………………………….................................2
Introduction……………………………………………………………...................................3
I/ The liberalization of exchanges brings great benefactions to nations…………………..4
A/Theoretical basis of the free trade’s benefactions……………………………………….....5
1/ free trade dominates the modern international exchange theories through several analyses and doctrines……………………………………………………………………………….…6
2/ the misdeeds of the protectionism…………………………………………………7
B/ The application of these theoretical tools in the international exchanges are going to lead to a general growth of the well-being of nations. ……………………………………………….8
1/ politics which fight against the protectionism……………………………………………...9
2/ improvement of economic growth and enrichment of nations…………………………….10
II/ The evolution of the international exchanges according to the theories’ free traders do not imply systematically an improvement of the relative standard of living of nations………….11
A/ Some countries cannot take advantages of free trade theories……………………………12.
1/ conditions of the free traders theories are not realized within the modern economic system…………………………………………………………………………………………13
2/ problems caused by the liberalization of exchanges make that some countries do not know an improvement of their relative standard of living…………………………………………..14
B/ The free trade have to face numerous criticisms which lead to search new alternatives….15
1/ the problems caused by the liberalization of exchanges lead to some criticisms………….16
2/ the powerful relationship of nations is the main criticism of the free