(Place)A positive side effect-Trade liberalization under the World Trade Organization's agreements. Making the consumer market is large. Distribution channels, and more. In addition, the members of each country have the obligation to reduce taxes and reduce or cancel trade safeguards to discourage other non-tariff barriers so as to minimize and maximize opportunities for export to various countries. From the original may be simply a domestic distributor, but under the free trade agreement were making can be extended to the international distribution channel. What followed is that sales and profit increases. For example, new markets for European Union countries, such as Thailand, China, Dubai, etc.Negative side effects-Trade liberalisation makes the export or import of goods easier, so.Countries with lower production costs and therefore has the advantage in an increasingly competitive. May affect domestic producers with higher costs. The price war is not inevitable, which will impact on the domestic economic impact in many areas, such as employment, growth rate of the industrial sector and the quality of the products that at present these issues tend to be higher up, such as a closed textile factory in the country's Affairs, Thailand. The trade deficit of the United States towards the country's China and restore items that have not been manufactured in China, standards, etc.
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