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