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And Now, Protectionism; Trade with China
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 400 no. 8755 (Oct. 2011)
,
page 14-15.
Topik:
Foreign Exchange Rates
;
Protectionism
;
International Trade
;
Bills
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.68
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
The global economy is sicker than a man with a bellyful of bad oysters. The last thing it needs now is a trade war. Yet on October 11th America's Senate passed the Currency Exchange Rate Oversight Reform Act, which would allow any "fundamentally misaligned" currency to be labelled a subsidy subject to countervailing duties. No prizes for guessing which large Asian nation the senators have in mind. Variants of this bill have been introduced regularly since 2003; all have failed. But this time may be different: anti-China sentiment in both parties has grown. Republican leaders have so far resisted holding a vote on a similar bill in the House of Representatives and look unlikely to change their minds; but if they do, the bill would almost certainly pass.
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