WTO
In what might become a key issue in the November election is China's entry into the World Trade Organization (WTO). In case you haven't noticed the WTO has been a key issue over the past couple of months. Groups have been blaming the WTO for all the world's problems. "The WTO is anti-(insert any item here)," is something that I can always chuckle at. However, I will concede this to anti-WTO groups, China's entry is something that needs to be carefully examined. Do we allow a murderous, corrupt, communist regime into the civilized world's economic system? Reluctantly, I say yes. China's vast potential as an economic powerhouse has been noticed by outsiders for centuries. Just getting access to even ten percent is enough to send profits soaring. However, this comes with a high price tag. China's huge bureaucratic, centrally controlled government, has been ill equipped to handle foreign trade. Walk the streets of Bejing or any other major city and you will find an abundance of copied goods. Copies of Windows 98 or the latest CD can be found pirated by individuals, companies, or even the government with no royalties going to those who earned it. China has shown no interest in cracking down on this blatant violation of
Our world is now a global society and we must embrace that. Here's why I think WTO membership might actually work for China and for the United States. Other countries will continue to trade with China, while we sit on the outside. Couples are limited to one child and many women are sterilized or forced to have abortions to maintain this policy. Despite all the misgivings I have about the WTO it has a formidable enforcement clause. This government crushed a peaceful demonstration of democratic activists in Tiannamen Square. China has begun to close down its massive and inefficient state run factories with more western style factories. Using its trade surplus with us, China has built up its armed forces. This shows a complete disregard for the sanctity of human life. If China doesn't comply it will face sanctions until it does comply. It never happened and our economy has benefited strongly from free trade.
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Acceptance Essays
