Download or read book The Case for Commonwealth Free Trade written by Brent Cameron and published by Trafford on Demand Pub. This book was released on 2005 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: The process of globalization is already underway. The challenge is how to make it work fairly and effectively. Current structures, like the World Trade Organization (WTO), place the advantage with more powerful nations and trading blocs, who can move the agenda as they see fit. The choices for small to medium powers is to enter into agreements with more powerful states - who us their leverage to exact major concessions - or to formally enter trading blocs that require political integration as the price for market access. For nations unhappy with the status quo, as well as the choices available to them, a new alternative is needed. The gradual creation of a Commonwealth Free Trade Association will allow nations the opportunity to fully engage in the world economy without sacrificing national sovereignty. It will also serve as an informal means of connecting regional trading blocs such as the European Union, NAFTA, and CARICOM into a global network that reaches every continent, every major culture, and every stage of development. In this book, Brent Cameron explores the history of Commonwealth trade, the current challenges to Commonwealth countries in the global economy, and, by illustrating past and current cooperative efforts, argues for a more formal and focused strategy. Anyone concerned about the direction of globalization, the challenge of the developing world, or the future prospects of developed nations in the world economy will find The Case for Commonwealth Free Trade a timely and thoughtful text.