global capitalism and free trade. We will discuss the impact of the World trade organization on global capitalism and free trade. In addition we will discuss the purpose of the International Monetary Fund in underdeveloped worlds. We will discuss multinational corporations and the role that they play in free trade and global capitalism. Our research will also include an investigation of the political, economic and social issues the surround global capitalism and free trade. The integration of all these topics will aid us in determining whether or not global capitalism is synonymous with free trade.

Defining Global Capitalism and Free Trade

The Macmillan Encyclopedia defines free trade as "trade that takes place without tariffs or quotas." ("Free Trade")

The encyclopedia also reports that free trade maximizes world production but that free trade can also cause countries to encounter creates "domestic pressures from their own producers to apply tariffs." ("Free Trade")...
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