Reference no: EM133233550

Title: Should Trade Restrictions Be Used to Influence Human Rights Issues?

Point Yes. Some countries do not protect human rights. rights in the same manner as the United States. If necessary, the United States should threaten to restrict U.S. imports or investment in a particular country if it does not correct human rights violations. The United States should use its large international trade and investment as leverage to ensure that human Rights violations do not occur. Other countries with a history of human rights violations are more likely honor human rights if their economic conditions are threatened. 

Counterpoint No. International trade and human rights are two separate issues. International trade should not be used as a weapon to enforce human rights. Firms engaged in international trade should not be penalized by the human rights violations of  a government. If the United States imposes trade restrictions on a country in an effort to change its human rights policies, that country will retaliate. As a consequence, U.S. firms that export to that a foreign country will be adversely affected. By imposing trade sanctions, the U.S. government is indirectly penalizing the MNCs that are attempting to conduct business in specific foreign countries. Trade sanctions cannot solve every difference in beliefs or morals between the more developed countries and the developing countries. By restricting trade, the United States will slow down the economic progress of developing countries.

Requirement:

Who Is Correct? Use the Internet to learn more about this issue. Which argument do you support? Discuss your own opinion on this issue. (not from other expert tutors' answers)

Subject: Global Finance