Posts Tagged ‘imports’

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    Should We Buy American?

    Sep 6, 11 • 291 Views • No Comments

    How to diminish unemployment? The NY Times tells us about a Montana general contractor who plans to use only American-made goods for building his homes. Explaining, he said,  “I think we could solve this recession if everyone shifted just 5% of...  [read more]

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    Trading Places

    Jun 14, 11 • 329 Views • No Comments

    A switch has taken place. More than half of our imported goods used to come from the G-6 countries (Canada, France, Germany, Italy, Japan, the U.K.) Now, we import more from China, Mexico and Brazil. Specifically, in 1987, 55% of U.S. merchandise imports came...  [read more]

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    Made in China?

    Dec 26, 10 • 458 Views • No Comments

    True or false? Is Apple’s iPhone made in China? The answer is true and false. True. According to U.S. trade statistics, the iPhone is made in China. Consequently, the iPhone is recorded as a minus for us and a plus for China. It added to our trade...  [read more]

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    Yuan Opinions

    Nov 18, 10 • 283 Views • No Comments

    Can you imagine 43 million pairs of socks a year, 5,000 an hour, some saying Dora the Explorer, being produced by one Chinese manufacturer? When you pay $2.99 for a pair of those socks at Wal-Mart, they probably cost that Chinese manufacturer, Shuangjin...  [read more]

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    Lessons for a Rainy Day

    May 20, 10 • 237 Views • No Comments

    Last Tuesday was a bad day for most umbrellas. In New York City, it poured, it was windy, and most umbrellas were flipping out, blowing sidewards, and doing everything except what they were supposed to do.  It makes sense that someone should have...  [read more]