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The New Mercantilism

Posted by Matt in June 9th, 2009 | no comment 
Published in China, Economy, , , , , , , , , , , , , , , , , , , , ,

The “new mercantilism” takes many forms. Despite their pledge at the first G-20 summit last fall, most of its members have erected new distortions to international trade. A number of major emerging-market economies (including Brazil, India and Russia) have raised tariffs. Argentina and Indonesia have imposed new licensing requirements on imports. The European Union and [...]

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