About International Trade

Trade has been an important aspect in learning about and diversifying culture for thousands of years. Using desirable skills or receiving goods that are not available in one region and receiving them to another has been occurring since the beginning of humanity. International trade has improved living standards and communities for some, but for others there is a large power struggle and oppression, where their tasks or goods are in demand, but their hard work and labor does not equate to what they are paid. Trade Liberalization, a WTO border-less approach to govern trade has made the position for small-scale farmers and developing nations worse. Only in parts of Asia, including South Korea,Taiwan, Indonesia, and China, has there been any significant reduction in slavery, and they have not followed the trade liberalization route.