Wall St Journal Essay Example | Topics and Well Written Essays - 500 words

Wall St Journal - move ExampleThe signifi sewerce of the major concern linked with the filmment of a 21st ampere-second muckle policy is of great importance in todays business world as it king bring rude(a) changes particularly in mete out liberalization. It is worth mentioning in this similar context that the new alterations especially in the aspect of trade liberalization would lower trade barrier throughout the macrocosm facilitating dynamic global trade (Razeen, Its Time for a 21st-Century Trade Policy).According to the article, it has been apparently observe that the World Trade Organization (WTO) and free-trade agreements (FTAs) are broadly considered as trade negotiations belonging to 20th nose candy and thus requires 21st century trade policies for the purpose of raising the level of global trade with the gaining nerve impulse of globalization along with internationalization. The article mainly focused upon realizing the need for a 21st century trade policy represe nting that the tariff barriers would be reduced by a considerable level as it is regarded to be one of the major obstructions towards trade. The article concerning Its Time for a 21st-Century Trade Policy revealed that the modern world require adopting as well as executing 21st century related trade policies in sound out to mitigate or address different financial issues. In this similar concern, one of the economic issues can be identified as sustaining the growth performance of exports. It has been viewed that the growth of exports were not much satisfactory in the early years due to the factor of augmented tariff barriers. Thus, according to the article, the world requires to introduce as well as to implement effective trade policies belonging to 21st century for the purpose of mitigating the same economic issue by a greater level through lessening tariff barriers by a certain degree (Razeen, Its Time for a 21st-Century Trade Policy).The change of 20th century trade policies to 21st century