Thursday, October 17, 2019
Article Review 2 Essay Example | Topics and Well Written Essays - 500 words - 1
Article Review 2 - Essay Example With the end in view of a win-win situation, the then-President Clinton promised that the ââ¬Å"agreement will open Chinaââ¬â¢s market to us.â⬠However, within the span of 6 years, there have been rampant findings that Chinaââ¬â¢s agricultural exports, specially that of veterinary feeds have been adulterated with at least 3 chemicals detrimental and derogatory to the Americans. Chemicals posing health hazards are the likes of melamine, cyanuric acid, diethylene glycol, have been separately found in the Chinese agricultural produce exported to the U.S., whose remedial actions are more costly than the short and long-run cost-benefit analysis. The PNTR with China as part of the World Trade Organization (WTO) cum ââ¬Å"globalization has turned out to be a cheat.â⬠The trade relations with China is too costly for the Americans which poses threat to health, life, and limbs of the ââ¬Å"Beautiful Americanâ⬠ecology. While the ââ¬Å"Americans canââ¬â¢t count the cost merely in dollars and in bushels,â⬠China is not at par with the American ââ¬Å"health, sanitary or safety standards.â⬠The actual U.S. findings on product adulteration by Chinese traders, despite the latterââ¬â¢s haggling and denial, are merely ignored by globalists and free-traders for yearsââ¬âsimply because of profit-motive. The reviewer agrees with the Author, whose heart and soul is merely to protect and conserve American legacy against the ill-effects of development and globalization. Profit-motive and human greed is the root-cause of this trade war and disequilibrium. When deceit and fraud are prevalent, the goods and services in the commerce of men are felt immediately in the short and in the long while. Progress and development has its price, but we can procure conservatively by not hurrying too much, and by taking time to study more seriously before opening the ââ¬Å"pandoraââ¬â¢s box5â⬠to our detriment. The elders have spoken, why donââ¬â¢t we listen and take pains in
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