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Annabelle b

China Bans Items for Export to North Korea, Fearing Their Use in Weapons - 0 views

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    This article talks about how China released a list of banned items to be exported to North Korea because the Chinese government is worried about how the North Koreans will utilize the items they receive from China. "The list of banned items was released amid a flurry of reports suggesting that North Korea is accelerating its two nuclear weapons programs."
Jan d

Conservation: Trade protection - 0 views

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    This article discusses the controversies involved in the sale of wildlife and a global ban in the trade of a species when it is threatened with over-exploitation. The author relates to trade bans as something that do more harm than good. This is perfectly illustrated by the following quote: "Combine inelastic demand, lack of substitutes, scarcity and open access to habitats with a trade ban, Dr Conrad argues, and a black market will flourish." Some of these conclusions also relate to arguments against protection we did in class, such as the limited options that consumers and firms have.
Tasa G

Germany offers co-op in energy, vocational training - 0 views

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    The article focuses on the trade relations between Germany and Pakistan. The amount of trade articles has risen from last years 2.32 billion to 2.89 billion dollars. The relations in between these two countries has grown every since the Pakistani ban for importing items because of the mad cow disease (about 10 years ago). Luckily, the ban and the disease blew away and the situation is under control. Germany and Pakistan are working toward a bilateral agreement of trade and looking forward to new investment in the future.
Maya m

Food as a externality - 0 views

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    I think this article is good, because it shows both negative and positive externalities. Negative because the outcome of eating a lot of junkfood is something no government likes, and it eventually has a backlash on them because people can't work as well and the general health in the country drops. Because of this they want to make people eat less, and they could to it with a tax to change the equilibrium. This would make the quantity demanded closer to that wanted from the government. (In the article they did it by banning 16-ounce softs drinks) Can you see the positive side?
Jan d

France Will Dim Its Lights to Conserve Energy - 0 views

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    This article addresses the point of how politicians play a very important role in the model of circular flow of income model. They represent government sector in it and banning the use of lights under certain conditions conferred by the decree of French government is a way how to shrink leakages which belong to government spending and to move national economy more towards equilibrium where leakages equal to injections.
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