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This article discusses the possibility of a free trade deal between China and Canada; while Canada has the potential to benefit greatly from this deal, Canadians are weary for numerous reasons, including Chinese takeovers of domestic companies, and human rights issues.

When countries form a free-trade deal, it allows the imports and exports between the countries to grow, because there are less trade restrictions such as tariffs. This means that, with import prices decreasing, aggregate supply in Canada will increase.

Russia and its partners (Belarus and Kazakhstan) are looking to seal a free trade deal with New Zealand. However, the articles talks about external issues to consider that will affect or be affected by the deal. The main concern of both parties is the current negative state of the global economy and how they intend to overcome this by trade. " "The priority goal is to fight protectionism together in all its forms; traditional and new alike ... It is important to build bridges, not walls," he said. "

I found this article interesting about the international trade relations between the US and China. The perspective on what type of trade is best is explored in this article, leaving us wondering if the free trade economy model will continue to work for the US, or should there be a change?

In order to protect its domestic industries from European subsidized-sugar, Canada places high duties (tariffs) on imported sugar. This article details how local firms are benefiting due to a ruling that allows these trade barriers. While consumers would benefit from free trade because they can purchase sugar at a low price, it would have a harmful effect on domestic firms, which is why protectionist measures are put in place.

I thought this article about the state of the US economy was particularly interesting. The statistics of ratio large firm to small firms (3-1, small) is increasing. The article also states, "The market rewards and punishes with little regard to whom or what or how it impacts. Generally, it is large firms that enjoy these little gems of taxpayer munificence. They have become "too-big-to-fail."

"Facebook Inc.'s lineup of six major Wall Street banks to manage its initial public offering reflects the social network's determination to pursue a conventional IPO and avoid an exotic approach to the share sale, people familiar with the company said." This article approaches to the idea about the interaction between the banks and Facebook, these interactions can shown in a relation of the free markets. also, the article mentions the competition Facebook with other social sites.

This article shows how resources are allocated in a free market by pointing out that both the quantity demanded and demand for gasoline fell. The quantity demanded fell because of a higher price; demand is falling because of uncertainty (which pushes the demand curve to the left). This shows allocative efficiency because if fewer people are working it make sense that fewer people are driving because these people no longer have to drive to work. Furthermore, these people may not have the ability to drive as much anymore because of their lower income.

This article demonstrates how price is used to allocate resources in a free market, in the area of education. Since there aren't enough teachers and universities for every student across the world who wishes to go to university to go, this education must be allocated to people via price. Because of this, only people who can afford the education can go to school. The amount of people who can go to university is also regulated by admissions and marks, but it is an example of where price can affect who gets to make use of the resources.

The article addresses the trade between the United States and China. The trade between these two countries has swollen to a record $295 billion in 2011. Though, the trade doesn't seem as nice as it actually is, and Obama has filed 8 cases against China at the WTO since 2009. On the other hand there is Romney, who says that Obama hasn't been aggressive enough, so if he gets elected it seems that a lot is going to change.