| Trade
Barriers The
Constitutionalist Party advocates a reduction of trade
barriers to the level where the barriers only compensate
for the differences in wage overhead between the United
States and other countries. One thing the minimum wage laws have done, as
well as our booming economy, is make the overhead cost of
American workers much higher than that of other countries
with smaller economies that pay lower wages. Other than
to compensate for this difference, America is only
catering to special interests and political allies when
it imposes other trade barriers upon the imports from
other countries. In addition, the act of raising trade
barriers usually is met with similar trade barriers from
the other countries, which results in losses in our
exports to compensate for our gains from the barriers.
Our government should stay out of the politics of using
trade barriers to support American businesses and instead
be seeking to generate a level field by which competition
and the capitalist market makes the companies stronger
and the quality of the goods and services produced
better.
The
Constitutionalist Party advocates relaxing antidumping
regulations.
The
Constitutionalist Party supports continued participation
in the World Trade Organization (WTO). The WTO is little more than a
formal institution by which nations can conduct trade
negotiations. It has no power to punish countries that
refuse to lower trade barriers or create more. The WTO
provides an open forum and third-party arbitration of
grievances, and encourages free trade practices.
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