Financial Aspects of Recreation and Sport Essay Example | Topics and Well Written Essays - 500 words

Financial Aspects of Recreation and Sport - Essay Example One of such key issues in the address was on trade policy. In his address to Americans President, Obama showed the need to protect business and citizens to have a fair share in foreign trade. In order to do that the president requested the need for parties to provide him trade promotion authority. This would help Americans be sure of the world economic market that Obama projected to have 25% customer base. He added that this would be with new trade agreements or deals from Europe to Asia that are free and fair. Basing on the context of recreational Industry, the address provides for many potential gains as individual firms can expand abroad and in turn come and invest even more within the borders of United States. The proposal by the president is essential and will impact the industry in the long run as it aims to open even larger markets in regions that United States previously ignored. There are a lot of advantage in recreation industry that accrue from improved trade links between United and other regions of the world. The industry is dynamic and requires a lot of within and out of border investors. Investment in recreation and sports industry has been a challenge and through more open links there is a possibility of a boost in investment. Growth is also expected through innovations and research. The second issue was the president intention to protect a free and open Internet, and extend its accessibility to every classroom, and far to every community and assist folks build the quickest networks so that the future will be of digital innovators and successful entrepreneurs have the platform to continue reshaping the world. The address used example of China that has been making great strides in making global treaties at the expense of United States. Critically analyzing the potential gains from this agenda, it can be deduced that the initiative will help grow recreational industry. Accessibility of free and open internet provides an opportunity for