Trade and Globalisation

The liking to trade initiated after World War 2 through the World Trade System. 

"The more trade, the better everyone are." 

"Making trade between nations easier."

Neo-Liberals policies for trade

• Reduce barriers to trade - reduce / remove tarriffs (a tax on imports), rules and regulations that restrict trade and restrictions on capital flows. 
• Reduce public spending on social services, welfare, health and education and encourage more private business activity.
• Encourage TNC investment (create the consitions necessary to attract TNCs, e.g. set up an EPZ (export processing zone) - free rent, no/low taxes, no unions etc. 
• Privatise public enterprises (this means sell off any govenment owned businesses and encourage private ownership).
• Reduce any restrictions on private businesses i.e. taxes and…