Posts Tagged ‘comparative advantage’

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    Emerging Economies

    Aug 30, 11 • 282 Views • No Comments

    The world is shifting. More than one-half of the world’s car sales, mobile phone subscriptions and oil, copper and steel purchases came from emerging markets during 2010. Here you can see the same story through these export and import, global GDP, and...  [read more]

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    “Made in the USA”

    Jul 2, 11 • 300 Views • No Comments

    According to USA Today, “The two ‘most American’ cars are Japanese.” Cars.com has an American-Made Index. Ranking vehicles by sales, where they are made, and the origin of their parts, they concluded that the Toyota Camry is the most...  [read more]

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    Where Did Your Tuna Fish Come From?

    Jun 22, 11 • 175 Views • No Comments

    The tuna you had for lunch might have been caught in the Pacific, processed and canned in Thailand, and flown to a Wal-Mart warehouse in the U.S. Concerned about monitoring quality, a recent report from the Food and Drug Administration (FDA) tells us that...  [read more]

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    Doha Deadlock

    Apr 30, 11 • 258 Views • No Comments

    Can you convince a Lubbock, Texas cotton farmer (or his Congressman) to forgo his (maybe $150,000) cotton subsidy? Probably not. After all, these U.S. government payments let him profitably compete in world markets. Correspondingly, would China say yes to a...  [read more]

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    “Buy Australian?”

    Apr 25, 11 • 265 Views • No Comments

    In Australia, concerned about the impact of twin disasters in Queensland this summer, Australia is saying, “Buy Australian.”  But they just faced an unexpected problem. The T-shirts they are using to publicize the campaign were made in...  [read more]