For the only way in which a durable peace can be created is by world-wide restoration of economic activity and international trade.
It is usually people in the money business, finance, and international trade that are really rich.
In a world dependent on international trade and commerce, and staggering under a heavy load of international debt, no policy is more destructive than protectionism. It cuts off markets, eliminates trade, causes unemployment in the export industries all over the world, depresses the prices of export commodities, especially farm products of the United States. It is the crowning folly of government intervention.
Trade wars arent started by countries appealing to respected, independent trade authorities. Rather, trade wars begin when one country decides to violate international trade rules to undercut another countrys industries.
Let me say at the outset that I do not reflexively oppose international trade.
The Bush Administration and the Congress have to stop ignoring this crisis in international trade. The longer we ignore it, the more American jobs will move overseas. It's just that simple.
As far as the Russians were concerned, I felt the reverse; they had adequate gold, if they wanted to buy, and they weren't dependent upon international trade. I felt they were more self-sufficient.
Many critics see international trade as a form of cultural imperialism that must be strictly controlled.
After 16 months of teaching, consulting, fellowship, and special project activities on matters ranging from conservation to healthcare to international trade, Gov. Ventura appointed me to the Minnesota Court of Appeals.
At least half of the popular fallacies about economics come from assuming that economic activity is a zero-sum game, in which what is gained by someone is lost by someone else. But transactions would not continue unless both sides gained, whether in international trade, employment, or renting an apartment.
Outsourcing American jobs will prove to be a plus for the economy in the long run. It's simply a new way of doing international trade.
There is no escape from the vast imbalances in international trade and finance. They will be corrected, sooner or later, by the inexorable principles that govern human action.
Our grandfathers lived in a world of largely self-sufficient, inward-looking national economies - but our great-great grandfathers lived, as we do, in a world of large-scale international trade and investment, a world destroyed by nationalism.
The largest 100 corporations hold 25 percent of the worldwide productive assets, which in turn control 75 percent of international trade and 98 percent of all foreign direct investment.The multinational corporation...puts the economic decision beyond the effective reach of the political process and its decision-makers, national governments.
Japan became an imperialist country in many ways, but that was much later, after it had already made big progress. I dont think Japans wealth was based on exploiting China. Japans wealth was based on its expansion in international trade.
The issue here really is not whether international trade shall be free but whether or not it makes any sense for a country - or, for that matter, a region - to destroy its own capacity to produce its own food. How can a government, entrusted with the safety and health of its people, conscientiously barter away in the name of an economic idea that people's ability to feed itself? And if people lose their ability to feed themselves, how can they be said to be free?
If we have a food supply that we can't trust, that has enormous implications for the way we view government, for the way we trust business, and for our international trade relations.
So prominent was the Jewish role in the foreign commerce of Europe that those nations that received the Jews gained and the countries that excluded them lost in the volume of international trade.
As South Korea shows, active participation in international trade does not require free trade. Indeed, had South Korea pursued free trade and not promoted infant industries, it would not have become a major trading nation. It would still be exporting raw materials (e.g., tungsten ore, fish, seaweed) or low-technology, low-price products (e.g., textiles, garments, wigs made with human hair) that used to be its main export items in the 1960s.
Leaving [from EU] will allow us to return real democratic control to important areas of national life; from international trade, the right to work and live in Britain to business regulation.
If China is helping its domestic industries charge an artificially low price for solar panels and other environmental goods, then China is violating international trade rules that it agreed to when it became a member of the World Trade Organization.
What I really think is that our current model of copyright is fundamentally broken. We badly need to replace it with a different system for remunerating creators, which gets it the hell out of the face of the public (who were never aware of it to begin with in the pre-internet dead tree era). Unfortunately, the current copyright model is enshrined in international trade treaty law, making it almost impossible to work around.
Stewart Davenport conscientiously and insightfully re-creates the world of the nineteenth-century political economists, who taught that the principles of international trade manifested, like the laws of biology and physics, the intelligent design of a Divine Creator.
Dover's cliffs call to mind the Roman invasion; the Battle of Britain; our proximity to, yet difference from, mainland Europe; and international trade and exploration, both fair and exploitative.
We spoke about economic sanctions only recently in Lima, within the framework of APEC. Almost all the leaders represented at APEC (the Asia Pacific region), Pacific countries, spoke about the same thing, namely, that we are going through a very acute crisis in world trade, international trade, related, among other things, to restrictions on the markets of certain countries.
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