Key Trade Issues

Noteworthy

"If we increase the number of H-1B visas that are available to U.S. companies, employment of U.S. nationals would likely grow as well. For instance, Microsoft has found that for every H-1B hire we make, we add on average four additional employees to support them in various capacities."
Bill Gates,
Testimony before the Committee on Science and Technology, US House of Representatives,
March 12, 2008.

The Benefits of Globalization

Globalization describes the ongoing global trend toward the freer flow of trade and investment across borders and the resulting integration of the international economy. Because it expands economic freedom and spurs competition, globalization raises the productivity and living standards of people in countries that open themselves to the global marketplace.

For less developed countries, globalization offers access to foreign capital, global export markets, and advanced technology while breaking the monopoly of inefficient and protected domestic producers. Faster growth, in turn, promotes poverty reduction, democratization, and higher labor and environmental standards.

While globalization may confront government officials with more difficult choices, the result for their citizens is greater individual freedom. In this sense, globalization acts as a check on governmental power that makes it more difficult for governments to abuse the freedom and property of their citizens.


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      Commentary

      Trade, growth: Weep not for Doha
      by Daniel Ikenson
      July 20, 2008

      China's Energy Woes
      by Daniel Ikenson
      June 30, 2008

      Trade, They SED
      by Daniel Ikenson
      June 18, 2008

      Worried About a Recession? Don't Blame Free Trade
      by Daniel Griswold
      June 3, 2008

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      CTPS @ Liberty

      What's Charlie Rangel Hiding?
      by Daniel Ikenson
      July 23, 2008

      Mandelson Does His Bit for Doha
      by Sallie James
      July 22, 2008

      Free Trade Promotes Peace in Colombia
      by Daniel Griswold
      July 11, 2008

      Dumbing Down Trade to Make it Saleable
      by Daniel Ikenson
      July 10, 2008

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