Overview

Free trade between different countries generates employment, attracts foreign and local investment, creates and boosts technological development, which in turn leads to industrial progress. Free trade mostly increases revenue in all economic fronts and mainly in agriculture. Therefore, this literature focuses on how a fair Free Trade Agreement would benefit the international markets. An Ecuadorian economic deal with the U.S. has been in the development stages for a long time, and the politicians who get elected by popular vote to assume the presidency for a four year term or longer never fulfill it. This is just a political campaign strategy move to get the popular vote. Once in power, the politicos forget about their promises, and the modus vivendi is the same.