Posts Tagged ‘free trade’

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    Free Trade

    Nov 12, 10 • 123 Views • Developing Economies, International Trade and FinanceNo Comments

    KORUS has been in the news. The Korea-U.S. Free Trade Agreement, negotiated in 2007 but not ratified by Congress, was in trouble. One reason was Ford. With a 1% share of the South Korean car market, U.S. automakers want more. One of the bigger sellers of Ford...

  • The Visible and the Invisible

    Feb 6, 10 • 97 Views • Thinking EconomicallyNo Comments

    Supporting free trade in 1978, Milton Friedman (1912-2006) referred to...

  • Pleasing Ricardo

    Dec 24, 09 • 104 Views • Thinking EconomicallyNo Comments

    During the 1990s, ignoring the protests of horrified Italian cheesemakers, the US placed a tariff on Pecorino cheese. The reason was bananas. Favoring their former colonies, the EU taxed bananas coming from all other Latin American countries that were grown...

  • Ranking China

    Dec 8, 09 • 119 Views • Thinking EconomicallyNo Comments

    Look at your dining table or your clothing and you might see “Made in China”. Thinking of all they are producing, a market economy might come to mind. Next, though, take a look at the Index of Economic Freedom at:...