International Economics: IB Economics
11.9K views | +0 today
Follow
International Economics: IB Economics
Economy
A collection of articles relating to the 'international' elements of Economics and relating to IB, Pre-U and A-Level Economics.
Curated by Graham Watson
Your new post is loading...
Your new post is loading...
Scooped by Graham Watson
March 12, 2018 8:24 AM
Scoop.it!

EU 'will stand up to trade bullies'

EU 'will stand up to trade bullies' | International Economics: IB Economics | Scoop.it
From www.bbc.co.uk - March 12, 2018 8:22 AM
Tensions continue over US tariffs on imported steel and aluminium imposed by President Trump.
Graham Watson's insight:
And so it goes...

A bit of Kurt Vonnegut to accompany the latest response to US tariffs on steel.
more...
No comment yet.
Sign up to comment
Scooped by Graham Watson
March 11, 2018 1:12 PM
Scoop.it!

From Edward III to Alexander Hamilton: history’s biggest protectionists | Larry Elliott | Business | The Guardian

From Edward III to Alexander Hamilton: history’s biggest protectionists | Larry Elliott | Business | The Guardian | International Economics: IB Economics | Scoop.it
From www.theguardian.com - March 10, 2018 11:00 AM
Both Britain and America have championed free trade from a position of global strength. But their views in the past were very different
Graham Watson's insight:
Larry Elliott with a historical overview of protectionism. The US and the UK haven't always been in favour of free trade, you know. 
more...
No comment yet.
Sign up to comment
Scooped by Graham Watson
March 11, 2018 1:14 PM
Scoop.it!

US steelworkers say Trump tariff plan has appeal – 'but about 40 years too late' | US news | The Guardian

US steelworkers say Trump tariff plan has appeal – 'but about 40 years too late' | US news | The Guardian | International Economics: IB Economics | Scoop.it
From www.theguardian.com - March 11, 2018 7:34 AM
Workers in Pennsylvania, once a steel hub, are conflicted about the tariffs proposal and fear Trump could just be playing politics
Graham Watson's insight:
So, if tariffs don't represent 'good economics', why do countries adopt them?

Here is your answer: because it benefits a narrowly defined, concentrated group and the costs are widely dispersed among many different economic agents. In this instance, US steelworkers and US consumers.  
more...
No comment yet.
Sign up to comment
Scooped by Graham Watson
March 11, 2018 1:10 PM
Scoop.it!

The war over steel: Trump tips global trade into new turmoil | Business | The Guardian

The war over steel: Trump tips global trade into new turmoil | Business | The Guardian | International Economics: IB Economics | Scoop.it
From www.theguardian.com - March 10, 2018 11:00 AM
The EU does not want the president’s tariffs to create a spiral of retaliation. But Europe is a target – and a battle looks inevitable
Graham Watson's insight:
The Guardian considers the likely effects of a global trade war - they aren't good, although it seems that retaliation is inevitable. 
more...
No comment yet.
Sign up to comment
About Follow us Resources Terms Mobile Features
Facebook
X
LinkedIn