Tag / free trade
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The Antidote To The Sino-American Trade Conflict
For most of human history all but a sliver of the populace scraped by on a meager income below the current International Poverty Line of just $1.90. Not until the Enlightenment in the West did global wealth experience a significant, sustained increase over time. Not coincidentally, the interval since the Enlightenment has also been the…
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We’re Not Ready for a Borderless World
A balding yet bearded white man, large and tall with jeans tight around his belly, would visit my grade school once a year or so and bring a long, blank banner. Without the help of even an index card, he would outline with a Sharpie every corner, boundary, and detail of land and sea, every…
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Why We Need the Trade Promotion Authority Now
BY JARED TURKUS The economy is finally recovering from the Great Recession. The deficit is falling at the fastest rate since WWII: it stands at $645 billion, down from $1.4 trillion in 2010. The unemployment rate was 10 percent in October 2009; as of December 2013 it has fallen to 6.7 percent. GDP grew 3.2…
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The Fast Track to Free Trade
BY CHRIS GIBSON As the United States draws closer to completing a major trade agreement with eleven Asian and Latin American countries including Japan and Australia, attention is turning away from the negotiating table and towards Congress. When the Trans-Pacific Partnership (TPP) is completed, each individual member country must pass the agreement according to its…
