The threat from protectionism
Adapted from “Trade Myths: Globalization and the Trade Balance Fallacy,” Inkstone Books, Hong Kong, 100 pp, HK$119, or from Amazon Books US$11.70, or Paddyfield Hong Kong, HK$133.
In today’s instant and interlinked age of the internet, protectionist politicians still insist on applying the thinking and measurement of trade balances that was developed 500…
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