International Trade and Comparative Advantage

The article below covers the thorny issue of international trade. The main question…should the US impose tariffs on tires made in China?


As Cheaper Chinese Tires Roll In, Obama Faces an Early Trade Test


By Peter Whoriskey

Washington Post Staff Writer
Tuesday, September 8, 2009

ALBANY, Ga. — At the vast Cooper Tire plant here, workers heard for years about their rivals in Chinese factories.

In meetings, managers urged employees to run production lines faster and more efficiently to help the company keep up. Overseas laborers were toiling for as little as 20 cents an hour, they were told, and working harder.

What do you think?

Update: The US is planning on imposing tariffs




Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: