Different Questions that Relate to Economics ABSTRACT The objective of this paper is to look at different questions that relate to economics and then make a decision on which side of the debate should be taken. The writer creates his or her own opinion on the different topics that have been provided and then defends such opinion by using recent examples and backing it up with references from published literature. QUESTION 1 We can benefit only from fair trade but not from free trade. Therefore, it is necessary to impose trade restrictions to pursue fair trade. With the onset of globalisation there has been much debate about the need for free trade. Countries like the United States of America, the United Kingdom and Canada have been big...The end:
.....ted properly and in an ethical and transparent manner will definitely be a positive benefit to many developing countries ( Kiggundu , 2002). Therefore based on the discussion above, the writer whole heartedly agrees with the above statement. REFERENCES Bhagwati , J. 2004. In Defense of Globalization. New York: Oxford University Press. Guillen , M. F. 2001. Is Globalization Civilizing, Destructive or Feeble? a Critique of Five Key Debates in the Social Science Literature, pp. 235. Kiggundu , M. N. 2002. Managing Globalization in Developing Countries and Transition Economies: Building Capacities for a Changing World. Westport, CT: Praeger . Micklethwait , J., & Wooldridge, A. 2001, September. The Globalization Backlash. Foreign Policy 16.