This book provides an easy to follow explanation of free trade. Readers can enjoy the benefits of learning how international trade operates in the modern world: a world in which mass consumerism is a way of life. The consumer plays a central part in determining supply and demand. A revolution has taken place over the past few years in the way people shop. Now, even private individuals can become traders, buying and selling on the free market, purchasing goods from as far afield as Thailand, and selling goods to customers across the globe or just down the street all without leaving the comfort of their living rooms.
This book takes an in-depth look at the different ways that trade is...
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This book provides an easy to follow explanation of free trade. Readers can enjoy the benefits of learning how international trade operates in the modern world: a world in which mass consumerism is a way of life. The consumer plays a central part in determining supply and demand. A revolution has taken place over the past few years in the way people shop. Now, even private individuals can become traders, buying and selling on the free market, purchasing goods from as far afield as Thailand, and selling goods to customers across the globe or just down the street all without leaving the comfort of their living rooms.
This book takes an in-depth look at the different ways that trade is conducted, from free trade economies to voluntary Socialism. The single market is also explored to shed light on some of the reasons the United Kingdom left the European Union in favor of conducting free trade with countries such as the United States, Canada, and the Far East. Capitalist democracy is a prominent feature of free trade economies, and there are many commentators who would argue that Capitalism creates inequalities because of the emphasis on property ownership and who owns the means of production. Any discussion that focuses on property ownership and the exchange of labor for money will create issues of inequality. However, when free trade (albeit it with some intervention by governments) is explored, it is clear that it is the most attractive option open to liberal democracies at this time.
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