It is the objective of this report to illustrate the ways in which every single person on this planet is affected by everyone else, and the consequences of not appreciating this. As trade practices grow on the international scale, environmental awareness fails to keep pace. Multinational businesses and organizations are promoting increased global trade, and in doing so convince nations to relax trade laws that have been relied on to protect natural resources. Trade has become interwtwined with political goals. There are several arguments in favor of trade liberalization.
Economists say that trade less constrained promotes competition which encourages specialization.
Specialization results in expanded output- maximizing individual welfare by offering more goods and services. It is argued that any domestic policy that blocks trade directly or indirectly imposes costs on consumers in the form of higher prices, fewer alternatives, and poorer quality products. The United States is a prime example of a society with a huge rich-poor gap. Some economists say the solution to disparity is not to redistribute wealth, but to expand. If more people have greater access to global markets, then economies grow and there is more wealth for all to share.