Saturday, July 27, 2019

Critique Essay Example | Topics and Well Written Essays - 500 words - 9

Critique - Essay Example rrupt practices act which was formed with an intention of stopping bribery of foreign official ad prohibit Us citizens and firm from making improper payments to foreign officials. The National Free trade agreements were designed between three countries to remove taxes on products traded and also helped protect copyrights, patents and trademarks. Another similarity is that all this organizations have some sort of controversies and criticisms. At some point it has failed to achieve its goals, interest and objectives. At some point each of this organizations have impacted negatively on the welfare of people in terms of equity, cost – benefits analysis such increasing the rate of crimes, unemployment, increase in social crimes. For example, the removal of taxes on product makes the local industries lose a substantial market share due to foreign stiff competition from superior products. The United Nations Security Council at some time enacts sanctions meant to benefit only its members at the expense of other non-members. The IMF on then other hand offers credit in an unfair manner such as imposing heavy and unfair terms and conditions on the funds to be lent. The member states in all these papers that both members have voting rights and take part in decision making process that affects the operations of each of the organi zations. However, there are different between paper one and paper two. First countries formed in paper one are from Europe for example, the European union which is formed in Europe while in paper two the organizations formed are from America notably the United states of America. It can also be pointed out that the formation of those organization in paper one is signed and ratified by the member states unlike in paper two where the only the head of states are endowed with authority of signing of the agreement. Another notable difference is that those organizations in paper two have been formed to indentify and promote the rights of consumers of

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