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International Trade

First explained by David Ricardo through comparative advantage, international trade and finance expands worldwide efficiency and productivity. Econlife looks at international trade to see its impact through goods and services, trade balances, trade barriers like tariffs and quotas and subsidies.

Why We Could Have Twist Tie Tariffs

Just like Alaskans have many words for snow, Bedford Industries has a lot of names for twist ties. There are spooled ties and poly twists, clip bands and double wire tin-ties. And that was only the be…