User talk:Mss ping

How free trade would benefit Thailand, with reference to a particular business.

Many people don't know what's free trade? Free trade is the global market can sell and buy without any restriction. You can import and export your product without taxes, quotas on imports or subsidies for producers. Under a free trade policy, prices are a reflection of true supply and demand, and are the sole determinant of resource allocation. Thailand can get a lot of benefits from free trade.

Actually, free trade can open Thailand market to global market that help Thailand has good incomes. The product of Thailand can be linked directly to customer around the world and they can buy goods with low price. Such as shoes, back, watch and dressed that everyone can effort. Free trade is free access to markets, free access to market information, and the free movement of capital between and within countries.

Nowadays, the global economic was regress for an example the president of Thailand try to invite a businessman from other country come to investment in Thailand and support OTOP to global market for developing Thailand’s economic. In theory can fixed economic in long term. Free trade still can't prove that it can improve people's life just developed a certain extent. Government pays attention to free trade more than a farmer and business in Thailand. So, farmer was in trouble because they can't sold out their product. Can see that this is policy was useful for multinational corporations not people in our country.

OTOP is product of Thailand has low capital money, if sell in Thailand it will be cheap. Whenever export to developed country such as, American the price will turn out to be more expensive. So, free trade can increase value of product and make profit from export to other countries.

In conclusion, I think free trade can improve economic but small company will be defeated by big company because government pays attention to big company that much. Especially, the farmer were forgot And put additional burden on farmer. Thailand would have benefited from free trade. Thailand can open market to the global market That can expand economic of Thailand so much.

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