s governments to ensure that laws and other
             governmental decisions are also shared with its citizens before they are
             implemented, and also to set up procedures for persons to offer suggestions
             into the decision-making process. These types of consultation procedures
             are rather successful because they have proven to provide a ways to promote
             the sound and predictable rules necessary for economic development and
             Innovation is a vital element for prosperous growth in trade. In order
             to encourage innovation in the private sector it is essential to have
             obligations towards respect for intellectual property rights, and the right
             implementation of laws to guarantee them, since they are critical to
             nurturing innovation by the private sector. Governments should also
             increase access of people in the study of science in schools and colleges,
             because it is important to recognize the importance of the central role of
             science in the new economy, since they this study helps to promote and
             maintain a constant culture of innovation.
             International trade also uses the latest technology to make it
             efficient and productive. Biotechnology is being used for the prospect of
             improving the nutrition in food simultaneously lowering the overall cost.
             How far our societies benefit from this new technology depends directly on
             the degree of rigid approach each adopts.
             Today America's economy, workers, and businesses are gaining in
             monetary terms from trade, exports, and overseas investments. However, this
             appears to come as surprise to most Americans who believe they are living
             in a bad economy that just doesn't seem to come out of the recession.
             Trade Ties between the U.S and China
             President Bill Clinton was successful in reaching an agreement between
             the US and China into the World Trade Organization. "This is something
             that is in the national interest ... It should be scheduled for a vote a...