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ArtikelAnd 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
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Isi artikelThe 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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