Free trade aims to achieve economic development by promoting free transactions of goods and services in a global economy which is becoming increasingly interdependent. On the other hand, protectionist movements also have been emerging, criticizing free trade for giving rise to increases in economic disparity and unemployment.

As a result, growing arguments are being made on both sides for the advantages and disadvantages of a free trade system.

  • What advantages are people around the world gaining through free trade, and, to the contrary, what are the disadvantages?
  • What kinds of measures are conceivable in order to further increase the advantages while reducing the disadvantages?
  • In addition, what should “those concerned” do in order to achieve these measures?

In addition to your responses to these questions, please present your argument for what an ideal free trade system should look like in the future. In particular, essays which include analyses and suggestions about the part played by shosha companies are welcome.

Guidelines:

When writing your essay, various approaches are conceivable, including a comparison of the past history and the present, or an introduction to and comment on theories, which are not limited to your logical composition or reasoning. We ask for constructive and concrete suggestions that go beyond any analyses.

As for “those concerned,” governments, political leaders, private companies, individuals, and international organizations are all possible options. However, it is not required to mention the parts played by all of these parties. In addition, “those concerned” are not necessarily limited to only these parties.

Prize: 

One Grand Prize of ¥1,000,000

Three Prizes for Excellence of ¥200,000 each

The award winners from abroad will be provided with a round-trip air ticket to Tokyo, Japan to attend the award ceremony to be held on January 5, 2018.

Deadline:       

September 8, 2017 at 24:00 (JST)

We cannot accept any essays after this time. The entry page will be really congested at around the deadline time. It is recommended to apply earlier to avoid technical difficulty accessing the page.

For more details, please visit this link.  

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The author is a final year law student from Calcutta who takes her subject seriously and passionately. Spends most of her time online, with dozens of browser tabs open at a time. Is a bookworm, pop-culture geek, and a foodie. Willing to work for pizza.

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