10 to 15 page research paper needed
Outline:
I. INTRODUCTION
International trade is something that is practiced by many countries on a daily basis. The countries that are involved in international trade do so because that makes an individual country better off. Internationally, competitions in trade happen at the firm level enabling the citizens to benefit from free trade (Arena, 2008). In this case, people enjoy purchasing various goods at a relatively cheaper price because of the removed tariffs.
Thesis statement
This research paper investigates whether or not trade liberalization positively or negatively impacts the growth of developing countries and their counter parts.
Research Questions
Can trade liberalization have unequal impacts on developing/new markets?
Can trade liberalisation make the developing nations rich?
II. BODY
Reducing international trade barriers
Impacts of investing in developing or new countries
This involves barriers to entry including tax laws, legal issues, accounting regulations and the restrictions of foreign investments which can make it troublesome or difficult to access the nation (Kneller et al., 2008).
Reduction of political risks
According to Lin & Chang (2009), liberalization reduces the political risks likely to be faced by foreign investors.
International and Global Inequality
How does international trade liberalization bring about the rising and persistent inequality?
The measurement of international inequality
There are conceivable situations in which liberalisation of trade can really prompt more terrible results for developing countries (Obstfeld, 2009).
Trade Liberalization and Trade Performance
purpose of trade liberalization
Effect of trade liberalization in practice on countries trade performance
Ultimate effect of trade liberalization on the growth of living standard
Trade Strategy for Development
Wacziarg & Welch (2008) explains the strategies that can be used in developing countries to survive in international trade.
What trade strategy should poor countries pursue in order to acquire dynamic comparative advantage?
Time and policy space required by the developing countries to nurture new industrial activities
III. Conclusion
Analytical summary
In most business sectors, the developed countries experience less trade barriers.
The developing countries have the capacity to gain more from trade liberalisation which presents the conclusion that liberalization can have unequal effects on developing countries.
Thesis reworded
While there are surely explanations behind the assumption that diversified trade can help in promoting economic growth in the less industrialised countries, it is impossible that liberalisation of trade will subjectively enhance the predicament of individuals in those countries.