The United States should continue to work with its neighbors to bring transformation and results to this important region. The upcoming Summit of the Americas in Quebec offers President Bush an opportunity to exercise such leadership. Free trade is one of the most important economic policies a country can adopt to alleviate poverty and to develop economically. A free flow of goods and services gives consumers and producers access to the world's best products at the lowest prices. This, in turn, motivates local businesses to innovate in order to remain competitive in the global market.
Free trade generates economic growth.
A broader range of business opportunities creates incentives for more investment. Higher investment leads to more and higher-paying jobs both at home and abroad. The economy finds new channels in which to expand, consumption increases, and additional economic growth follows. Free trade strengthens the rule of law. Companies doing business in another country rely on the host country's enforcement of their property rights in contractual disputes.