The Free Trade Agreement Is An Integral Part Of The President 's National Export Initiative Goal

These export trade agreements, in the next two decades, will create thousands of available jobs, and also boost the GDP by approximately $25 billion, which benefits consumers, households and economic growth. There are several strategies under the new trade agreement that targets partnership and bring benefits:

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 greatest achievement that I have been able to accomplish in terms of securing the material national interest of the United States has been the agreement of the Trans-Pacific Partnership. This trade agreement amongst twelve member states (United States, Canada, Chile, Peru, Zealand, Australia, Brunei, Singapore, Vietnam, Malaysia, and Japan) was adopted to strengthen the economic ties for a more interconnected global economy. For the average working American it shows great promise to increase their income and for the nation as a whole. It also possesses the potential to allow for the growth of the nation’s GDP and annual exports, thereby increasing the living standard.

Trade is something crucial to economic success in any country. The less difficult trade between two nations is, the easier both can benefit as nations, but the individuals of the nation benefit as well as there is easy access to foreign products. Most notable for most people here in the U.S. is NAFTA, which is the agreement between Canada, Mexico, and the United States. However, there is a large division on whether or not free trade is more harmful than it is good, and that protectionism is the way to go. In fact, the current president-elect Donald Trump is for limiting free trade and installing large restrictions in the form of tariffs and outsourcing costs to protect America, and is part of his plan to "Make America Great Again." Free trade is a more intelligent decision as there are a lot more benefits of free trade compared to protectionism including individual benefits and economic improvement.

The mechanism that first comes to mind when you think of free trade is the exchange of goods from one country to another. Although this may be true, but the free trade agreement allows international trade without any restrictions. Some US citizens don’t support free trade, however, it does have its ups and downs. Households have benefited from free trade in many ways. I believe that US citizens could make the same products that any other country. On the up, side it’s noble to have a free trade agreement since the US can use the resources they have there to trade to a country with their needed resources.

At the bilateral level, the United States has actively concluded bilateral free trade agreements with some countries. For example, during the Bush

A free trade agreement is a set out arrangement by the governments of different countries which allows exports and imports to be done with more ease, and without the same tax rates. Three examples of free trade agreements that Australia currently holds with other nations include:

Free trade, a system which symbolizes the WTO and is pursued by many nations. It is designed to significantly increase trade between the member nations of the agreement. Free Trade Agreements (FTA) have long been the cause of the economic rise, better labor standards, development, investment, inter-alia. Notably, the 2 biggest being the TTIP and the TPP; agreements which are perfectly described as FTA in their successful aspects. The TPP was initially an agreement between Australia and 12 other Pacific countries but ever since the declaration of withdrawal by President Trump has been subjected to obstacles in its way to being implemented. Considering the benefits of the TPP of delivering high-quality outcomes that will promote job creation,

A free trade agreement is a treaty between two or more countries to establish a free trade range where commerce in goods and services can be regulated across common borders, and without tariffs. An extensively recognized trade agreement is the European Union. The European Union has been advantageous by providing, safety, international mobility, employment mobility, residential mobility, and tax options. However, free trade agreements are not always beneficial. This paper will illustrate the negative impact of the North American Free Trade Agreement (NAFTA) in the United States.

     What all of this could do for the United States is quite clear. The most

Benefits such as new U.S. jobs, higher wages in Mexico, a growing U.S. trade surplus

Last time this authority was implemented occurred during the Bush Administration, when President Bush increased “the number of countries partnered with the US on free trade agreements from 3 to 16.” This drastic increase in the number of partners connected with the US had an incredible effect on the exports and consequently, on the GDP of the country. In just 7 years, exports experienced an increased larger than 50% which accounted for 13% of the nation’s total GDP. Moreover, the growth on exports was 70% faster than the rest of the US partners creating a record of $92 billion dollars on agricultural exports. This

     There are various trade agreements the United States have with many other countries and I will do a brief overview of a few of them. The most noticeable one is the North American Free Trade Agreement, which include the United States, Mexico, and Canada. This agreement was constructed and approved in January of 1992 and formed the largest free trade area. NAFTA eliminated and reduce tariffs and non-tariff barriers in addition to comprehensive provisions in the way trade was conducted between these countries.

Allowing free trade to happen will allow many benefits like having larger varieties of goods and services for a lower price, growth for the economy and as well as increased exports for producers. Free trade will especially help the Trans-Pacific Partnership, a free trade agreement among 12 countries that border the Pacific Ocean. The countries included in the are: Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, Peru, New Zealand, Vietnam, and the United States.The benefits of free for this agreement include:the increase in exports, money going back to the workers while creating more jobs and prosperity, prevention of environmental abuse, and also the removal of tariffs placed on exports. According to the Coalition of Service Industries, the objective of this agreement is, “incorporate all negotiating participants under one free trade agreement which eliminates tariffs and non-tariff barriers to goods, services, and agriculture.” This countries involved with this agreement “account for 40% of the world’s trade”. When these countries make up 40% of the world’s trade, it also means that they make up 40% of the world’s GDP which equals to $107.5 trillion dollars. Consumers make up 793 million and 26% of the rest comes from the trade that they do. Where the countries are placed and the area of trade is larger than the North American Free Trade Agreement(NAFTA). The agreement doesn’t include China because the agreement wants to be able to balance the trade

Recently Obama has been talking with South Korea about a free trade agreement. In this agreement it is likely to result in very few if any net jobs in the short run, according to the government. Although, “praising the deal reached by his trade negotiators, President Obama said on Monday that the accord would “boost our annual exports to South Korea by 11 billion” and “support at least 70,000 American jobs” (New York times). This deal will be very beneficial to industries including Detroit automakers and manufacturers of industrial and electronic equipment and high technology products. This type of deal would not only help out economy but provide many jobs for a lot of people out there looking for jobs. It would boost our economy and help out financially for those of low income.