Posts Tagged ‘trade barriers’

  • everyday economics and federal farm subsidies

    Trade Barriers: A Surprising Thread in the U.S./Brazil Cotton War

    Aug 13, 13 • 683 Views • No Comments

    The US might soon stop sending Brazilian cotton farmers $150 million annually. The short version of the story is that because federal subsidies give US farmers an unfair advantage in world markets, Brazilian cotton growers protested. In 2009, the World Trade......  [read more]

  • The Panama Canal Project Facilitates World Trade.

    A Made in the USA Mandate

    Jul 20, 12 • 519 Views • No Comments

    To introduce our first international trade discussion in class, I usually ask students to check where their clothing and shoes have been made. Finding labels that say “Made in China, Made in Thailand, Made in Peru…,” they first see how trade......  [read more]

  • The Panama Canal Project Facilitates World Trade.

    World Trade Spin

    Jul 17, 12 • 457 Views • No Comments

    We might be able to divide the world between economic thinkers and everyone else. I noted yesterday that economist Gregory Mankiw, as President Bush’s Council of Economic Advisers chair, said that outsourcing was probably a plus in the long run. Hearing......  [read more]

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    Doha Deadlock

    Apr 30, 11 • 559 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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    Free Trade

    Nov 12, 10 • 510 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]