Security Threats and Trade Barriers :: Economics Globalization Trade Papers

get by protection Threats and Trade BarriersAs defence, however, is much more important than opulence... In 1776, even out as Adam Smith was championing the ideals of a free market economy, he recognized that the interests of republical certification far outweighed the principles of free contend. More therefore two centuries later, that sentiment proves to still be accurate and in use. Since the earlyish 1900s, the coupled States has used this precept to defend its position on trade barriers to hostile nations, and through the majority of the century, that predominantly referred to the Soviet Union and its allies. but as Adam Smith supported the Navigation Acts in dandy Britain to protect the navy (their chief means of defense Smith 1776 464), the coupled States has gone to great lengths to protect their chief means of defense the technologically advanced electronics and machinery areas. The motive for these mea trusteds has not changed over the centuries. The desire to ma intain transcendence over other nations and to retain the ability to defend the sovereignty of the nation have remained an important aspect of both foreign and trade policy. It is the trade policy that we are most concerned with in this paper.It is the desire of the United States to preserve the technological superiority that we have enjoyed for so long. After all, if no other nation equals our level of technology, then it greatly reduces all curse from another nation simply because we can counter anything they may imperil us with. However, if it is not possible to retain such a atomic number 82 in technology (and it is not, at least not for long), then it becomes necessity to retain the ability to deal with all subsequent security threats in an efficient manner. Smith advocated, and the United States has implemented, the use of export barriers to make sure that crucial goods or intelligence vital to national security does not leave the country or fall into the hands of our ene mies.Though the unheated War is over, and the threat that has loomed over the United States and the rest of the world that depended on the United States for military support for the better part of this century has by and large been eradicated, does not mean that there are no longer any security threats to the United States. The United States remains cautious in regards to the runny status that Russia frequently seems to be in, as well as security threats from other nations like Iraq, and to some degree China.