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What is US trade policy to be? Who cares?

rdan Naked Capitalism also points to the underlying inattention to US trade policy and our financial wizards. Last night, we reported that the International Institute of Finance was calling for…

Martin Wolf and Richard Felson touch on trade deficit topic

…reducing the U.S.’s structural current account deficit (the trade deficit). The first is the forced write-off of bad assets, fiscal recapitalization of the banks, or debt-for-equity tactic, and it should…

Real Manufacturing & Trade Sales

trade sales includes sales at all three level, manufacturing, wholesale and retail so it is reasonable to think of this as a proxy for real goods GDP. Note that the…

The Downside of Increased Trade

Save the Rustbelt sends this note working the end user as a reference, which is useful sometimes. The Downside of Increased Trade My wife, aka the world’s greatest nurse, worked…

WTO GATS and protectionism or nationalism

trade war.There’s no need for that. After all, trade wars are expensive and end up hurting everybody, while, as the Index proves year in and year out, free trade builds…

TRADE & GROWTH IN THE 1950s

…make a significant contribution to real GDP growth. If you look at the real trade contribution to real gdp growth you find: 1950-59 -1.70 1960-69 +0.02 1970-79 +1.31 1980-89 -1.21…

Two Comments on the Yuan Revaluation

…deficit is causing the trade deficit (apart from any possible impacts on the value of the dollar) are proclaiming their ignorance. If you are thinking that Dean left off trade

An Unexpected Tactic

…administration trade policies, perhaps with the hope of shaming Republicans into adhering to their own free-trade rhetoric (especially in light of recent Bush administration moves); d) the BR is sending…

Winners and Losers

…been winners up until now, but may soon become losers from trade. On Jan. 1, World Trade Organization rules governing the global textile trade will undergo their biggest revision in…