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A Suggestion for Economic Foreign Policy Essay

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A Suggestion for Economic Foreign Policy
By: Nicholas Fitzsimons
Economic foreign policy has always been a subject of much debate, but subjective views are what have complicated the whole of it. We can promote sound economic policies while still allowing people to aid foreign nations. American foreign policy can be a great success or failure, but people will always work toward a successful life.
Economic foreign policy has always been a subject of much debate, but subjective views are what have complicated the whole of it. We can promote sound economic policies while still allowing people to aid foreign nations. American foreign policy can be a great success or failure, but people will always work toward a successful life.

“Whatever it is that the government does, sensible Americans would prefer that the government does it to somebody else. This is the idea behind foreign policy.” Though P.J. O’Rourke is famed for his satirical comments he is brutally accurate in this case. This is especially true concerning America’s economic foreign policy. Economic foreign policy can be broken down into three basic levels, which are aid, trade, and development. We can choose to aid countries by giving them money because they demonstrate a general need. We can choose what is allowed to be traded and if a country can be traded with, as well as how much it might cost to trade with another country. Finally, we can attempt to develop countries by combining aid & trade in order to benefit all parties involved. Having a balanced economic foreign policy can lead to great success or great failure as a nation.
America has given up to $321 billion to lesser developed countries in the last 60 years in the hope that this will help to develop these nations further. This foreign aid has served to make many poor countries dependent on America’s and other countries’ foreign aid programs, such as Food for Peace, and as a result local farmers are bankrupted by artificially low...

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A Suggestion for Economic Foreign Policy. Anti Essays. Retrieved December 13, 2018, from the World Wide Web: http://parimatch-stavka7.com/free-essays/A-Suggestion-For-Economic-Foreign-Policy-392822.html


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