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Tag Archives: Free Trade
Surprise — Free Trade Works Out In The End
Despite Adam Smith’s definitive explanation of how free trade could benefit both parties engaging in trade, pretty much every society is skeptical of free trade and that other country stealing our jobs. So, today, we have the specter of some … Continue reading
Tagged Canada, Free Trade, United States
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U.S. Judge Blocks Chinese Textile Quotas
In late December 2004, Judge Richard Goldberg of the U.S. Court of International Justice blocked the United States from imposing emergency quotes on the import of textiles from China. In order to appease U.S. textile companies, the Commerce Department prepared … Continue reading
Tagged China, Free Trade
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Developed Countries Should Lower Trade Barriers, Period
In the wake of the devastating tsunami that parts of Asia in December, the World Trade Organization’s Supachai Panitchpakdi urged developed nations to lower trade barriers with nations hit by the tsunami. How pathetic. The developed world should eliminate their … Continue reading
Kenya, Tanzania, and Uganda Trade Bloc Accord Goes Into Effect
A treaty between East African nations Kenya, Tanzania and Uganda went into effect in January creating a trade bloc that over the next few years will create a free trade zone. A similar East African free-trade zone was set up … Continue reading
Tagged Free Trade, Kenya, Tanzania, Uganda
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