International trade Quotes

“For the only way in which a durable peace can be created is by world-wide restoration of economic activity and international trade.”

“As we learned after President Herbert Hoover signed the Smoot-Hawley tariff at the outset of the Great Depression, vibrant international trade is a key component to economic recovery; hindering trade is a recipe for disaster.”

“If China is helping its domestic industries charge an artificially low price for solar panels and other environmental goods, then China is violating international trade rules that it agreed to when it became a member of the World Trade Organization.”

“If we're going to pass international trade agreements, as we should, they should have similar kind of rules, not as high a wage as obviously as a steelworker in the U.S. or in Lorain, Ohio, but certainly rules on the environment and worker safety. You go to Mexico, you don't see those kinds of worker protections or environmental safeguards.”

“Along with the mystical wonderment and sense of ecological responsibility that comes with the recognition of connectedness, more disturbing images come to mind. When applied to economics, connectedness seems to take the form of chain stores, multinational corporations, and international trade treaties which wipe out local enterprise and indigenous culture. When I think of it in the realm of religion, I envision smug missionaries who have done such a good job of convincing native people everywhere that their World-Maker is the same as God, and by this shoddy sleight of hand have been steadily impoverishing the world of the great fecundity and complex localism of belief systems that capture truths outside the Western canon. And I wonder—if everything's connected, does that mean that everything can be manipulated and controlled centrally by those who know how to pull strings at strategic places?”

“Restrictionism, however, demands positive sacrifices from the national exchequer when it is carried out by the withdrawal of notes from circulation (say through the issue of interest-bearing bonds or through taxation) and their cancellation.The unpopularity of restrictionism has other causes as well. Attempts to raise the objective exchange-value of money, in the circumstances that have existed, have necessarily been limited either to single States or to a few States and at the best have had only a very small prospect of simultaneous realization throughout the whole world. Now as soon as a single country or a few countries go over to a money with a rising purchasing power, while the other countries retain a money with a falling or stationary exchange-value, or one which although it may be rising in value is not rising to the same extent, then, as has been demonstrated above, the conditions of international trade are modified. In the country whose money is rising in value, exportation becomes more difficult and importation easier.”