Protection vs free trade

Our world is faced with global crisis nowadays. DEFINITELY! Coz’ there are so many indigenous countries that we were about to encounter whole-wide-world. And it will not be solved by any one country. Well, EVERYBODY should have a coordinated, fast and systematic effort in order to lessen the problem. However, protectionism will only slow down this process, and make governments wary of each other. Because as we all know, PROTECTIONISM restrain trade and a variety of other government regulations designed to allow "fair competition" between imports and goods and services produced domestically. With that, indigenous industries will become more complacent and non progressive. It’s been also a pressure among local industry and business for improving efficiency and effectiveness by protecting them from international competition that may lead to poor performance. If we had more protectionism, for example, we would not have so much gadgets and stuff that is made in China. That means the stuff would be made here by workers getting higher wages.  We would have to pay more for it. (Golly! It’s not fair enough!) There would also be NO competition in the market. There would be no INNOVATION and IMPROVEMENT of products. If we plan to buy a car made from US, surely, they’re just made from low quality! Of course, there’s no competition exist. Well, if that happen I’ll just buy car here in the Philippines. MURA na, MEDYO may quality pa! J
 Does it show that I’m against with Protectionism? Well, What is the use of protectionism if it can make the country and the industries it is trying to protect, less competitive on the global marketplace?
Why FREE TRADE??

Because free trade leads to a global market, consumers benefit from the competition and variety brought to the market. When other countries produce some items cheaper, the consumer will purchase the product at a lesser price.

As a consumer, I am going to choose free trade because it will let the product to be improved because competition is more likely to happen in free trade. Companies seek ways on how will they innovate their products.
Free trade also creates more jobs because it allows countries to specialize in the production of goods and services in which they have a comparative advantage. ((-- to produce a particular product at lower cost.)) Due to free trade, there will be an enormous flow of money and goods between the countries which will be a very good thing for the citizens as prices will fall down.
As for Japan it will be really beneficial as it would not have to be dependant on China for energy. It will more likely to sell TOYOTA and MITSUBIZI! Lol. (:

Personal plan in achieving Financial Independence and Professional Competitiveness

There are a lot of ways on how to become a Financial Independent. In my case, I believe I was already able to achieve that matter. Since when I was in High school, I work inside the University as a working student wherein I have this 100% discount on my tuition fee. I also sell candies and accessories inside our room without the knowledge of my teachers. Well, it’s really prohibited. I just want to earn then. I also applied for GMA scholarship and luckily I was been accepted. It was big help not only in me but also to my parents who are having difficulties in financial matter. They can’t really finance our studies because we’re four in the family. So, being a breadwinner/eldest in the family, I really exert an effort just to be in school. I also have two scholarships outside school which I use as my allowance. I also work during summer to earn an extra income. Last, vacation I work in Balibago, Angeles as a sim seller where I was able to earn 250 each day plus incentives. I used the money in paying for my miscellaneous fee then. I’m also a person who’s really an income sensitive. I won’t buy things which are not that useful. Well, I really love to SAVE. However, being a student I’m not yet totally self-sufficient because there’s still a case that my parents support me in my living. As of now, I’m still aiming high for a better future. I’m doing my very best to achieve my goals so that I when I graduate I can seek the BEST work which can be a stepping stone for me to become a FULLY independent.

            I took marketing as my course because I’m fund in doing businesses. I love managing people and motivating them. I also love INNOVATION. So, after I graduate I want to have my own business wherein I can use my skills and knowledge that I have learned in school. I also want to become a professional competitive where I can use my abilities as a marketing student. I’m planning to put up a restaurant because as I can see this is a business which is in demand nowadays. I will be using my skills, knowledge and abilities for me to become successful. When that happens, I will be the one who will support my parents and my siblings as well. I will work hard so that I can pay forward to my parents with the good deeds they have done. I will also double my hard work so that I can earn a lot for me to have my own car and house someday which can be use for my future family.