International Trade and NAFTA Research Paper Example | Topics and Well Written Essays - 1250 words

International Trade and NAFTA - Research Paper Example International trade revolves around many Disadvantages as well which are given below:1. International Trade can sometimes increase your expenses for Example, in certain cases you will have to hire additional staff for the procedure of import and export 2. Can result in trade deficit (negative balance in balance of trade) this takes place when there are more imports and comparatively less exports3. In certain cases create conflicts between two countries 4. In case of exporting/importing goods it increases the additional cost of Packaging and traveling 5. In certain cases discourage the local manufactures and prove to be unjust for them. For example, a local manufacturer produced 500 shirts and they are available in market for $ 40 each, where as someone imported 500 shirts and the marginal cost of each shirt was lesser than the local manufacturer because of Comparative Advantage and hence the imported shirts are available for $ 30 each in the market. Because of this the local manufact urer will face great loss and might get discouraged.6. Create unemployment in the country, if you start importing more then there will be less industries, mills, and factories in the country this might result in unemployment7. Increase dependency on other countries  NAFTA was created to make trade and investment easier and more accessible between United States, Canada and Mexico and to encourage free trade.   1.  One of the major positive effects of NAFTA was increase of trade between United States,Canada and Mà ©xico.

Junior High School Experience Personal Statement - 4

Junior High School Experience - Personal Statement Example Ernie sat next to me at the lunch table. No big deal. I knew Ernie from our classes together, and he made a successful, albeit uncontested, run for student council. Perhaps it was the politician in Ernie that caused him to do what he did that day. One of the things that the members of the student council had to do was sell candy bars to raise money. Ernie was seated at the end of the picnic table style bench, and on the table were his books, neatly stacked. On top of the books was his box of student council candy. I was having a conversation with someone across from me when Ernie knocked over his books and student council candy box. The candy spilled all over the floor. Because the lunchroom was also the gym, except during the lunch hour, then the noise that Ernie’s books made when they hit the floor was loud and resounding, and everything and everyone was quiet. All eyes looked to Ernie’s fallen mess, then, just as quickly, the noise and talking resumed. No one cared t hat Ernie’s books and candy were on the floor. I especially did not care and resumed my conversation with my friend. â€Å"What?† I answered a little more harshly. I just did not understand what this guy’s story was. What was the big deal? He knocked books off the table. It had nothing to do with me. No one cared, pick them up and get on with life. â€Å"If you don’t pick it up,† he spoke softly so that only I could hear him in the noisy cafeteria, â€Å"I’m going to tell him,† pointing to the history teacher standing in the front of the room, â€Å"that you asked me for the questions on the test.† Our next period was with that teacher, and apparently, Ernie had him the previous hour and had already taken the test that we would be getting in the after lunch hour. I have to say that I was shocked, but not for a second did I believe Ernie was going to do what he threatened.