Political Science Answer Writing Practice 2018 - Week 6 - Question 1
90 Days Political Science Answer Writing Practice Question 1 for 17-Dec-2018
Instructions for Writing Answer
1. Write your answers in the comment section.
2. Experts will provide their feedback in reply.
3. Model Answers will be uploaded on this page the next day.
4. Rectify your mistakes and progress further.
5. All the Best.
17-Dec-2018 - Question 1
American President: Donald Trump's proposal to withdraw from the ‘NAFTA’ would bring unforeseen consequences to the regionalisation of world politics. Elaborate.(2017)- 150 words
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The North American Free Trade Agreement is an agreement signed by Canada, Mexico, and the United States, creating a trilateral trade bloc in North America. This is the first FTA between developed and developing countries
USA president, Donald trump, recently renegotiated trade terms of North Atlantic Free Trade agreement(NAFTA) with Mexico and Canada because USA felt that it is not getting as many benefits from it as it should be. 682,900 U.S. manufacturing jobs lost in some states and these were mainly transferred to Mexico. Worker mistreatment in the United States or in the maquiladora program is significant. NAFTA may also be responsible for environmental damage along the border. But from an economic perspective, NAFTA is a success. Without it, the United States would not be as strong a competitor with the EU or China. The increased trade was sorely needed after the 2008 financial crisis. Even more people would be unemployed without NAFTA.
NAFTA is considered as an ideal, regional organisation for the economic development of the rest. It is going to deconstruct the growing regional economic powers. It is one of the major defence of the developing countries grouping like SAARC , African Union, ASEAN and it is going to affect all this.
The credibility is going to hit because through these mechanisation/organization it becomes easy to create the consensus .In general, it is believed that regionalisation is against globalisation but actually regionalisation is the step in the globalization. It is difficult to create common consensus at global level than at regional level. It is gradually done on regional level then further corporation move to the next level .It is going to discredit the regional level. For future economic transaction, it is going to be detrimental.
Trump's aggressive 'America First' stance pose threat to global world order through WTO. However, renegotiation of NAFTA terms made it to evade large scale threat to trade and markets. It paved way for to solve 'inconveniences' in other regional blocks and global institutions which is going to be detrimental.
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