Posts Tagged ‘free trade’

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    Trade Deals

    May 21, 11 • 281 Views • No Comments

    What if Mr. Jones, an assembly line worker, lost his job because of low cost imports? And, what if Mrs. Smith, a travel agent, also is unemployed but the reason is online firms like Expedia?  Princeton economist Uwe Reinhardt asks us why Congress is...  [read more]

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    Free Trade

    Nov 12, 10 • 318 Views • No 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...  [read more]

  • The Visible and the Invisible

    Feb 6, 10 • 229 Views • No Comments

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

  • Pleasing Ricardo

    Dec 24, 09 • 290 Views • No 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...  [read more]

  • Ranking China

    Dec 8, 09 • 318 Views • No 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:...  [read more]