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The benefits of trade agreements are not felt evenly by all industries in an economy. In fact, even member nations gain varying advantages by entering into trade agreements. However, despite these drawbacks, the United States continues to act on its commitment to free trade. In 2005, the United States signed a fair trade agreement (FTA) with Australia, and in 2012, it signed a trade protection agreement (TPA) with Colombia. Both agreements have been in force for a while. Now the question is, Have these agreements benefited the US economy? Let’s examine the impact of the bilateral agreements with Colombia and Australia on the US economy.
According to the USTR, the International Trade Commission (ITC) predicted that the United States–Colombia TPA would increase national GDP by $2.5 billion (Office of the US Trade Representative). Under the TPA, US exports to Colombia increased from $12.0 billion in 2010 to $18.3 billion in 2013 (US Department of State). The TPA seems to have delivered on its promise, because according to the USTR, US exports to Colombia increased by 30% in 2013 (Office of the US Trade Representative). So financially, Colombia is a lucrative market for the United States. However, the main opposition to the TPA stemmed from concerns about the terrible labor conditions in Colombia and the violent threats to those seeking to improve labor conditions in a country rife with crime. Although violence is a major concern, the FTA will eventually help both nations by bringing about social and labor reforms through economic activity. By helping Colombia become a peaceful country, the United States can pave the way for increased trade with Colombia in the future.
The United States–Australia FTA received considered opposition in both countries. US dairy farmers, ranchers, and small farmers were anxious about job losses resulting from the free entry of Australian products into the US market. However, if we judge by the boost in exports, the FTA has contributed to overall US economic growth. According to the USTR, in the first five years of the FTA, US exports to Australia increased by 33% (Office of the US Trade Representative). The FTA removed all tariffs on American imports into Australia, giving US exporters barrier-free entry into Australian markets.
The export industry plays a key role in driving economic growth and generating jobs in the United States. Colombia and Australia are two large and important markets for US exporters. The United States faces competition from other nations for access to these markets. By signing trade agreements, American goods can compete effectively in these markets. Although the agreements with Colombia and Australia are opposed for valid reasons, the agreements will benefit the US economy over time
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she wasn't different from anyone (of her assertors), she just was the last of there family and took tradition
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I hope this help but this answer is b
Answer that I'll offer: PURSUING WISDOM
There were many Greek philosophers, and their ideas were not all in agreement with each other. But in general, the Greek philosophers all agreed that pursuing wisdom is the most important thing in life. One of the earliest of Greek philosophers, Pythagoras (in the 6th century BC), is thought to have coined the term "philosopher." The report is that Pythagoras did not want to claim to be a wise man who already had great wisdom, but that he was a "lover of wisdom" who sought to be wise. In Greek, "philos" is a word for "love" and "sophia" is the word for wisdom. So a "philosopher" is a "lover of wisdom."
The great philosopher Socrates (5th century BC) was famous for saying, "The unexamined life is not worth living." He saw the goal of his life as constantly seeking wisdom -- and that what truly made him wise was recognizing how little he truly knew with certainty.
Other Greek philosophers like Plato and Aristotle and more followed in that tradition. They did not all agree on all the details of what the best pattern is for life in this world. But they did all seek wisdom as the most important thing in life.
