The idea is to advance US interests by merging policies on trade, international finance and national security – at the ...
Economic theory is clear on what is likely to happen to a nation when it levies tariffs on its trading partners.
Two of the most commonly accepted theories for the origin of money are the commodity theory and the chartalist theory. Both ...
The "China Shock" is revisited, and it raises questions about why economists failed to see the costs of free trade.
In particular, Trump espouses mercantilism, a doctrine popular in the 17th and 18th centuries. Adam Smith’s famous inquiry in ...
He was the other founder of classic economic theory, after Adam Smith ... all of which were part of any fuller understanding of international trade relations at the time. In other words, Ricardo's ...
Investopedia / Ellen Lindner The supply-side theory is a macroeconomic concept that contends that increases in the supply of goods lead to economic growth. The supply-side theory has been applied ...
As a trade attorney born in China and now practicing in the United States, I find myself caught between two worlds. Growing ...
Yet amid this uncertainty, it’s possible that there may be a silver lining. Trump may inadvertently be paving the way for a ...