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unusual facts about Free trade


Free society

In a free society, individuals would gain more prosperity due to the lack of restrictions on trade and wealth creation.


Arthur Latham Perry

Arthur Latham Perry (1830–1905), born in Lyme, New Hampshire, was a prominent American economist and advocate of free trade.

Blue-green alliance

The core issue of this alliance is opposition to globalization and to free trade, and it was significant in the candidacy of Ralph Nader in the 2000 Presidential election, as Nader was endorsed by some labor organizations (the overwhelming majority of labor unions and environmental organizations are loyal to the Democratic Party and endorsed Al Gore).

Cobdenism

Cobdenism is an economic theory that focuses on the free market and free trade; it is named after the British statesman and economist Richard Cobden.

John Prince-Smith

John Prince-Smith (London, January 20, 1809–Berlin, February 3, 1874) was an English-born, German free trade liberal and politician.

MacDonald Commission

Toward this end, the commission recommended greater reliance on the market mechanisms and that Canada pursue a free trade agreement with the United States.

Michel Chevalier

Together with Richard Cobden and John Bright he prepared the free trade agreement of 1860 between the United Kingdom and France, which is still called Cobden-Chevalier Treaty.

Mickey Kantor

An advocate of free trade, Kantor, as Trade Representative, led U.S. negotiations that created the World Trade Organization (WTO), such as the Uruguay Round, and North American Free Trade Agreement (NAFTA).

Non-interventionism

Historical examples of supporters of non-interventionism are US Presidents George Washington and Thomas Jefferson, who both favored nonintervention in European Wars while maintaining free trade.

Paul H. Robinson, Jr.

With the election of Progressive Conservative Brian Mulroney in the 1984 Canadian federal election, these talks were expanded to discussions about a comprehensive free trade agreement.

William Rathbone Greg

He entered the struggle for free trade, and obtained in 1842 the prize offered by the Anti-Corn Law League for the best essay on Agriculture and the Corn Laws. He was too busy with political, economical and theological speculations to give undivided attention to his business, which he gave up in 1850 to devote himself to writing.


see also

American Center for International Labor Solidarity

When textile manufacturer Grupo M, the Dominican Republic’s largest employer, applied to the International Finance Corporation (the World Bank’s private sector lending arm) for a $20 million loan to open a factory on the Haiti-Dominican border, the Solidarity Center, the International Confederation of Free Trade Unions (ICFTU) and the Dominican Federation of Free Trade Zone Workers (FEDOTRAZONAS) worked together to condition the loan on respect for worker rights.

Amode Ibrahim Atchia

Born in Rose-Belle, in Grand Port district, AIA was the son of a Surti Muslims merchant called Ibrahim Sulleman Atchia who had arrived from Barbodhan, a village 15 km from Surat, in Gujarat state of India in the course of free trade.

Andrew McFadyean

His attempts to be elected to Parliament in 1945 as the Liberal and Free Trade candidate for the City of London, and 1950 for Finchley were unsuccessful.

Asia-Pacific Economic Cooperation

At the Leaders' Meeting held on November 19, 2006 in Hanoi, APEC leaders called for a new start to global free-trade negotiations while condemning terrorism and other threats to security.

Brasiléia

Not just consumers are turning to the Bolivian economy, but entrepreneurs as well due to free trade zone of Cobija (the departmental capital of Pando province and Nicolás Suárez).

Canada–United States Free Trade Agreement

Other economists on the free-trade side included John Whalley of the University of Western Ontario and Richard Lipsey of the C.D. Howe Institute.

CETA

Comprehensive Economic and Trade Agreement: a proposed free trade agreement between Canada and the European Union.

Chabahar Free Trade-Industrial Zone

Chabahar free trade–industrial zone was established in 1992 along with the two other free trade zones Qeshm and Kish Island to use global expertise (mostly from South East Asia) as a tool for the development of the country, accelerating the accomplishment of infrastructure, creation of employment, and representation in global markets.

Crispin Sorhaindo

He represented Dominica at the early conferences leading to the establishment of the Caribbean Free Trade Association (CARIFTA), the Caribbean Free Trade Area and CARICOM, the Caribbean Common Market that succeeded it, as well as meetings that laid the foundations for the establishment of the Caribbean Development Bank (CDB) and the Organisation of Eastern Caribbean States (OECS).

Eldridge Haynes

Eldridge Haynes (1904-1976) is best remembered as the founder of Business International Corporation, headquarters in New York City, along with his son, Elliott Haynes as co-founder,and as a spokesman for free trade and advocate for the international business community.

European Union–South Korea Free Trade Agreement

The agreement would be the second largest free trade agreement, second only to the North American Free Trade Agreement.

Francis Wrigley Hirst

Anthony Howe, Free Trade and Liberal England. 1846-1946 (Oxford: Clarendon Press, 1997).

Geoff Garin

He replaced Mark Penn as the Clinton Campaign's chief strategist in April 2008, after the Wall Street Journal revealed that Penn met with Colombian official regarding a proposed free trade agreement opposed by Clinton and most labor unions.

Gillis Bildt

The disqualification of Stockholm's 22 pro free-trade members of the democratically elected Lower House on a technicality (one member's non-payment of 11.58 kr in taxes a few years previously) and the appointment, in their place, of 22 protectionist members tipped the balance of power and brought about Themptander's resignation, opening the door for a new leader.

Henry A. P. Carter

Also during this time, the free trade treaty was renewed, with a controversial clause that guaranteed the use of Pearl Harbor as a US Navy base.

High Performance Computing Act of 1991

President George H. W. Bush predicted that the Act would help "unlock the secrets of DNA," open up foreign markets to free trade, and a promise of cooperation between government, academia, and industry.

Hwanggumpyong Island

In June 2011, an agreement with China was made to establish a joint free trade area on Hwanggumpyong and Wihwa Islands, and the China border area near Dandong.

James Hume

James Deacon Hume (1774–1842), English official, economic writer and advocate of free trade

John Hoynes

Josh Lyman also mentions that he is a member of the moderate Democratic Leadership Council (6.13) and has strong ties to business (3.17), but it was also stated that Hoynes was anti-free trade as a Senator (5.19).

John Prince-Smith

In 1860, at an economic conference in Cologne, the free trade movement was successful in getting essential reforms put forth to the Zollverein.

The (liberal) merchants in the port cities of Prussia suffered from the protectionist measures of the Zollverein, and Prince-Smith soon found himself becoming political active, becoming one of the more outspoken proponents of Manchester capitalism free trade.

José Baquíjano y Carrillo, Count of Vistaflorida

Baquíjano was a mercantilist economic thinker, although he was also influenced by the English economist Josiah Child, a qualified exponent of free trade.

King County Labor Council

The protests set for the Washington Trade and Convention Center in Seattle sought to emphasize 21st century free trade as promoted by the supporters of economic globalization, the World Bank and the International Monetary Fund (IMF).

Liberal international economic order

The World Trade Organization, for example, creates and implements free trade agreements, while the World Bank issues structural adjustment loans to Third World governments that include conditions ranging from opening up their markets to Western businesses to privatizing public utilities.

Manchester capitalism

Led by Richard Cobden and John Bright, it won a wide hearing for its argument that free trade would lead to a more equitable society, making essential products available to all.

Mark Critz

On October 12, 2011 Critz voted against free trade agreements with Panama, Colombia, and South Korea.

MEFTA

U.S. Middle East Free Trade Area (US-MEFTA), initiative started in 2003 with the purpose of creating a U.S. Middle East Free Trade Area by 2013

Michael E. Dreher

He opposes Swiss EU and UNO membership, but supports membership of Switzerland in North American Free Trade Agreement and European Free Trade Association for the purpose of free trade.

National Confederation of Free Trade Unions of Romania – Brotherhood

It was created from the 1993 merger of the National Confederation of Free Trade Unions of Romania (CNSLR) and Frăţia.

Ondo Kingdom

The Osemawe of Ondo made an agreement on 20 February 1889 with the Governor of the British Lagos Colony by which free trade was guaranteed between Ondo and the colony, and disputes would be referred to an arbitrator appointed by the governor for resolution.

Protectionism

Most economists, including Nobel prize winners Milton Friedman and Paul Krugman, believe that free trade helps workers in developing countries, even though they are not subject to the stringent health and labour standards of developed countries.

Trade barrier

New West Partnership (An internal free-trade zone in Canada between Alberta, British Columbia, and Saskatchewan)

TTIP

Transatlantic Trade and Investment Partnership, proposed free trade area between the United States and the European Union

United Electrical, Radio and Machine Workers of America

The UE has also formed alliances with non-labor groups, both in the U.S. and internationally, through the World Social Forum, to fight the effects of corporate globalization promoted by institutions of global capital such as the International Monetary Fund and free trade agreements modeled on the North American Free Trade Agreement (NAFTA).

Wallace Groves

Wallace Groves (c. 1902–30 January 1988) was a prominent financier, who, after his release from federal prison in 1944, moved to the Bahamas and there founded and operated the free trade zone, resort, and casino development Freeport on Grand Bahama Island.

Wayne Firestone

After graduating from the Georgetown University Law Center, Firestone served from 1990 to 1994 as the lead case management associate in complex multinational litigation with Patton Boggs LLP, in Washington, D.C. There he developed clients' international trade strategies under the U.S.-Israel Free Trade Agreement.

Wihwado

In June 2011, an agreement with China was made to establish a joint free trade area on Hwanggumpyong and Wihwa Islands, and the China border area near Dandong.