University of Zambia
Great East Road, Main Compass
P. O. Box 32379
LUSAKA
Computer Number: 2016145282
Student Name: Idah Chama Mulenga
Course of study: MSc. Human Nutrition
Year of study: 1st Year
Course Name: Socio-economic Dimensions of Nutrition
Course Code: 6410
Assignment Number: Second
Lecturer: Dr. Keiron Audain
Due date: 23rd December, 2016
Assignment Question: With a focus on food security, what are the pros and cons of free trade?
Food security is defined as when "all people at all times have access to safe nutritious food to maintain a healthy and active life" (FAO 2003). Therefore, the importance of food security is to the general welfare of the population as a public health and nutrition benefit.
Free trade can be defined as a market model in which trade in goods and services between or within countries flow unhindered by government-imposed restrictions such as taxes, duties, tariffs, or subsidies (Kimberly A. 2016). Therefore, free trade reduces or eliminates counterproductive barriers to competition, that limit access and competition on exports and imports between trading partners.
Free trade is a vital part in food security and it should be analyzed critically in order to make food security a reality for all people.
1. Advantages of Free Trade
There are several advantages that come with free trade in relation to food security:
a. Promotes innovation and competition
According to Denise H. Frowning (2000), free
Free trade is refer to policy made between two or more country to eliminate tariffs, quotas and. the import and export trade restrictions and barriers. When there is decrease in tariff for the imported goods and services that mean will benefit the all the consumer in the country. Free trade can increase prosperity for all citizen of a nation by allowing access to high quality of good and services imported from other countries with cheaper price. Good and services that with lower price from other countries will be benefit to consumers that made consumer have more choices of brands, styles and varieties as well as cheaper goods may be same quality at better price.
Investopedia.com states, “free trade is the economic policy of not discriminating against imports from and exports to foreign jurisdictions. (Buyers and sellers from separate economies may voluntarily trade without the domestic government applying tariffs, quotas, subsidies or prohibitions on their goods or services.)” In the previous decade, one of the many controversial subjects in the Canadian economy included whether or not it was beneficial for our federal government to eradicate free trade or open it up to other nations. During my research, I discovered that free trade agreements between Canada and other nations were not as beneficial as they may have seemed for they were often business and market oriented.
Free trade is the act of exchanging goods or services between countries for minimal tariffs or fees. Between countries, this is a method of exchange that is gaining more and more popularity. By importing and exporting for low fees, free trade is an efficient way to cover up weaknesses in the country and gain on strengths. Free trade is a very controversial topic that is viewed upon differently by many people in many different countries. Some oppose free trade; they feel it will cause production losses or low employment in their country. Many countries also embrace it and believe it helps create a strong and healthy nation. They join in free trade organizations or draft free trade agreements with
Free trade provides opportunity, it provides growth, and it provides struggling nations a chance. With free trade, markets open across national borders and the consumer ultimately benefits from higher quality goods at fair market prices. The producers of such goods now have larger markets to sell to allowing for the opportunity at increased sales, giving the consumer a greater variety of goods that can more individually meet specific demands. Free trade implementation to the United States foreign policy is a developing and revolutionary mindset that will bring prosperity to all parties involved. The United States will benefit from free trade because the market to purchase U.S. made goods and services will increase dramatically
The term food security has become more mainstream in recent years. Food security refers to all people at all times having physical and economic access to adequate amounts of nutritious and culturally appropriate food for an active and healthy life.6 The food should be produced in a sustainable environment and people should be able to make informed decisions about their food choices. Food security also means that people who produce the food are able to earn a decent living wage. At the core of food security is access to healthy food and optimal nutrition for all. Food access is closely related to food supply which is dependent on a healthy and sustainable food system. People who have access to adequate food but are limited by a lack of money or other resources are considered food insecure. The forces challenging food security include demographic change, high and volatile food prices, land and water constraints, and climate
The definition which I can think of is Free trade is international policy where governments doesn’t create any restriction and on goods and other materials to import or export smoothly and no heavy taxes are applied so that both countries can operate smoothly and gain profit.
Food Security is when people have enough food all the time which make them feel safe and keep them healthy so they can live their life. There are three main elements for food security: First, Food availability is that
Jose Bové explains, “Over 90 percent of food is produced where people live. So, we don’t understand – and nobody can explain to us – why we need to have free trade for food” (136). It does not mean that Bové and farmers are against trade, but the priority for them is to feed, “Their own families, also the local markets, and then the national markets” (P135). I agree with Bové, because locally grown food is safer, fresh, and tastes better. Instead, imported food could be contaminated with pesticides or other hazardous materials. In addition, there is no reason to buy expensive imported food when enough products are locally gown and are
According to Derek Byerlee, food security can be defined as “the challenge of meeting food and nutritional needs while protecting environmental services.” Based on the definition given by Byerlee, food insecurity will be the exact opposite. Not meeting the food and nutritional needs of a country. Keep this definition in mind as this word will be mentioned throughout the paper.
Free trade is the concept of countries establishing an open, unrestricted market for imported and exported goods. Free trade between two or more nations is usually established through agreements such as NAFTA. The impacts and consequences of free trade vary wildly. Environmentally issues arise with free trade agreements as these agreements can strip away any country’s local environmental protection laws. Also, free trade can lead to destruction of habitats and forests (including rainforests) in order to create more things to export. Free trade also affects people, on a scale from an individual to an entire workforce of people.
Free Trade is the concept we use when referring to selling of products between countries without tariffs, fees, or trade barriers. Free Trade simply is the absence of government interference or numerous restrictions, which has been labeled as laissez fair economics. Free Trade grants easier access to goods and services, promote faster growth for the economy, and also allows for the outsourcing of production of goods, which hurts the economy. Many believe that the free trade hurts developed countries and nations, due to the loss of jobs by international competition and can reduce the country’s GDP. Overall, free trade agreement with other countries can save time and money and increase participating countries economy.
Free trade has long be seen by economists as being essential in promoting effective use of natural resources, employment, reduction of poverty and diversity of products for consumers. But the concept of free trade has had many barriers to over come. Including government practices by developed countries, under public and corporate pressures, to protect domestic firms from cheap foreign products. But as history has shown us time and time again is that protectionist measures imposed by governments has almost always had negative effects on the local and world economies. These protectionist measures also hurt developing countries trying to inter into the international trade markets.
Free trade agreement set up global organizations to administer the members. it guarantees that all parties people with the terms of exchanging agreement. The issue with free trade in America is it liberality give opportunity for foreign business to control over US marketplace. This has raised in high unemployment rates due to the facts that buyers and companies can buy foreign merchandise for somewhat less than local item. As Robbins said," people are more vulnerable to hunger if opportunities for employment decrease, if wages fail, or if food price rise; they can starve even in the midst of food availability"(Robbins,162). If each nation can deliver what it excels at and grants exchange, as time goes on everybody will appreciate lower costs and larger amounts of produce, income and utilization that could be accomplished in disengagement.
”Free trade policies have created a level of competition in today's open market that engenders continual innovation and leads to better products, better-paying jobs, new markets, and increased savings and investment” (Denise Froning). Though Free trade plays a huge role in the economy today because of what and where it is used. Free trade allows for traders to trade across national boundaries and other countries without government interference. Meaning that traders have very few regulations that allow for them to do this without the government intervening. Free trade makes things for traders much easier and also allows for many more jobs in the US, such as exporting jobs, or jobs in the auto industry and plants. Though there are many
First, free trade is the economic policy of not discriminating against imports from and exports to foreign jurisdictions. Sellers and Buyers from separate economies may deliberately