A Trade Story With a Happy Ending

Looking at airplane manufacturing through Bombardier’s new billion dollar order from Delta, we can see why a multinational supply chain can lower tariffs.

Why China Wants To Be Called a Market Economy

A year ago, China filed a formal complaint with the World Trade Organization (WTO). Targeting the European Union and the United States, China’s goal was to have its economy called a market. The case is huge. Its results could transform…

Why China Wants to be Called a Market Economy

Ignoring Adam Smith’s ideas, the EU will probably tell us by 2016 that China has a market economy because the World Trade Organization requires a decision.