Why do Economists and publications like The Economist preach against protectionism, but only by America and?
and a few other countries?
In other words, according to “free traders” it’s ok for China and Japan and Brazil to have ENORMOUS tarriffs and to dump a trillion dollar surplus of goods on us, but if one or two Senators suggests doing something to lower our TRILLION dollar trade imbalance, the pinheads accuse us of being Protectionist.
SDD, Japan does not have low-cost products by any stretch. And they have 300% tariffs.
You didn’t even answer my question.
Hi,
I’m sorry to say, on this one, you’re definitely not right. Economists preach heavily against protectionism for ALL nations. I’m looking at my most recent copy of The Economist right now, for example, and it has articles calling on Japan to change its business model with respect to foreign trade (just this issue) and lecturing China about artificially propping up its currency for trade purposes. We might HEAR about domestic protectionism more, because we always take note when somebody asks US to do something that seems a bit harder. But economists are very equal-opportunity about heaping apportioning the blame around.
US and China urge against protectionism
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From Mao to Market: Rent Seeking, Local Protectionism, and Marketization in China (Cambridge Modern China Series) $63.99 Andrew Wedeman argues that economic reform in China succeeded because government failed to prevent local officials from forcing prices to market levels. Reformers opted for a hybrid system of price controls in the 1980s, wherein commodities had both fixed and floating prices. Depressed fixed prices led to “resource wars,” as localities vied for control over undervalued commodities while inflated p… |
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From Mao to Market: Rent Seeking, Local Protectionism, and Marketization in China (Cambridge Modern China Series) $30.19 Andrew Wedeman argues that economic reform in China succeeded because government failed to prevent local officials from forcing prices to market levels. Reformers opted for a hybrid system of price controls in the 1980s, wherein commodities had both fixed and floating prices. Depressed fixed prices led to “resource wars,” as localities vied for control over undervalued commodities while inflated p… |
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U.S. companies doing business in China begin to worry about growing Chinese protectionism.: An article from: Manufacturing & Technology News $9.95 This digital document is an article from Manufacturing & Technology News, published by Publishers & Producers on January 16, 2009. The length of the article is 520 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available immediately after purchase. You can view it with any web browser.Citation DetailsTitle: U.S. companies doin… |