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Unformatted text preview: international trading rules about subsidies should be the same for developed and developing markets economies. The rules for subsidies in terms of developing countries should be tightened up so as to encourage more efficient and equal production/exchange. In the idea of "free trade," any sort of government support or protection (such as subsidization or taxing imports) is considered an unfair advantage and should be eliminated. I think free trade is fair because in many cases subsidization and taxes on imports can cause great problems for developing markets that lead to a never ending struggle in terms of dealing with developed markets. Taxes on imports dont seem to be fair to me either because they just try to force a fix on the international economic flow when that should be fixed by institutions in place that focus on being efficient and productive for everyone....
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This note was uploaded on 12/08/2011 for the course SOCI 415 taught by Professor Margarita during the Spring '09 term at UNC.
- Spring '09