trade policy and china August 1, 2007Posted by AP in econ, politics.
1,028 economists have recently signed a petition concerning protectionist policies against china:
We, the undersigned, have serious concerns about the recent protectionist sentiments coming from Congress, especially with regards to China….
As economists, we understand the vital and beneficial role that free trade plays in the world economy. Conversely, we believe that barriers to free trade destroy wealth and benefit no one in the long run. Because of these fundamental economic principles, we sign this letter to advise Congress against imposing retaliatory trade measures against China.