Constrained by a slew of tariff and non-tariff barriers, African nations hope to boost economic growth with a multinational market.
Where (International) Trade Grades Are Changing
During March, the 2021 Index of Economic Freedom was published. In the past, econlife looked at the big categories. Focusing on regions and laissez-faire, we asked which countries had the least government intervention. For Europe, that took us to Ireland…
The Fish Fight That Could Sink Brexit
As we approach a Brexit deadline, negotiations for a withdrawal deal could depend on cod, mackerel, and herring.
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 beginning. I copied some…
Past Tariffs and Future Shortages
Medical product shortages were the unintended consequence of the tariffs that were supposed to diminish our trade with China.
Why Trade Is Good
Knowing that the benefits of free trade can be invisible, we can use a list of six brief reasons to actually see why trade is good.
When a Tomato is Like a Washing Machine
Next winter, our salads could be much more expensive because a new 17.5% tomato tariff will shrink supply and spike prices.
Six Facts: Understanding More About Brexit
The political and economic sides of Brexit’s problems involve the impact of a potential no vote in Parliament and controversial draft agreement issues.
(Almost) All You Need To Know About Quotas
From sleeveless jackets to begging brides and young sports teams with no uniforms, the complexities of quotas can produce a slew of unpredictable results.
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…
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