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marcelorodriguezechl f09

US politicians threaten trade war with China - 0 views

www.guardian.co.uk/...hreatens-tariffs-against-china

disadvantages protectionism

shared by marcelorodriguezechl f09 on 13 Oct 10 - No Cached
  • matteaechl f09 on 13 Oct 10
     
    The US Congress is expected to back a set of punitive tariffs on Chinese imports in order to compensate for the artificial lowering of the value of the yuan. China's currency makes its products very cheap. The US is engaging in this protectionism in order to protect domestic workers.
  • marcelorodriguezechl f09 on 17 Nov 10
     
    This article mentions a possible tariff to be applied on cheap chinese products in the US. Such protectionism would result in higher prices for consumer, and possible retaliation from China.
matteaechl f09

U.S. and South Korea Fail to Agree on Trade - 0 views

www.nytimes.com/...12prexy.html

disadvantages protectionism

shared by matteaechl f09 on 11 Nov 10 - No Cached
  • matteaechl f09 on 11 Nov 10
     
    This article is about the attempt to agree on a free trade pact between the US and South Korea. The economies of both countries are hurt by protectionist measures, as they restrict the amount of exports.
saraechl f09

Developing countries fight for free trade - 0 views

news.bbc.co.uk/...524653.stm

disadvantages protectionism

shared by saraechl f09 on 17 Nov 10 - Cached
  • saraechl f09 on 17 Nov 10
     
    This article talks about developing countries, such as China and India, wanting to join in free trade with more developed countries in Europe and the US.
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