Trump massacring one-handed economists

The U.S. government also fully accepted the rare agreement of economists to urge foreign countries to get on board, sometimes drawing criticisms that it was overly aggressive in pursuing free trade and globalization. In the wake of the Great Depression in the 1930s, countries including the U.S. reso...

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Bibliographic Details
Published inThe Korea Times
Main Author Tae-gyu, Kim
Format Newspaper Article
LanguageEnglish
Published Seoul Korea Times 01.02.2017
Subjects
Free trade
Globalization
International trade
North American Free Trade Agreement
Tariffs
Trump, Donald J
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Summary:The U.S. government also fully accepted the rare agreement of economists to urge foreign countries to get on board, sometimes drawing criticisms that it was overly aggressive in pursuing free trade and globalization. In the wake of the Great Depression in the 1930s, countries including the U.S. resorted to wholesale protectionism with more import tariffs and quotas as well as foreign exchange controls. [...]the world trade volume plummeted to definitely delay the recovery from the Great Depression.