POLB80H3 Lecture Notes - Comparative Advantage, Protectionism, Absolute Advantage
27 Feb 2014
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Document Summary
China and europe to begin trade talks by reuters. Distribution of power and wealth rise of china. Consequences of free trade /benefits of free trade: disputes over what consequences of free trade, in terms of mass production of goods, china being the largest producer of solar panel (low prices to grab market share) No matter what you think of it, this is a historic deal, said vali r. nasr, the dean of the john hopkins. It is a major seismic shift in the region. It rearranges the entire chess board. from nyt november 25, 2013. International community worries about iran going beyond the 3. 5 percent of nuclear: thinks that going past 20%, can go easily to 90% and make nuclear weapons. Give both sides a longer time to negotiate. Too early to tell if it"s a good deal or not. Some voices within world politics say that it will change the middle east politics.
