“This country lacks the backbone and the spine and the will to demand fair trade and stand up for our products. If our producers can't compete, shame on us. Then we lose. But requiring our producers to compete when the game is rigged, saying our producers ought to compete, when foreign markets are closed to us, is fundamentally wrong.” IfsCountryGamesLosesProductsOughtDemandFairsShameTradeProducersSpineBackboneRiggedFair Trade Author:Byron Dorgan
“As South Korea shows, active participation in international trade does not require free trade. Indeed, had South Korea pursued free trade and not promoted infant industries, it would not have become a major trading nation. It would still be exporting raw materials (e.g., tungsten ore, fish, seaweed) or low-technology, low-price products (e.g., textiles, garments, wigs made with human hair) that used to be its main export items in the 1960s.” HumansDoeMadeStillsShowsUsedNationsTechnologyMaterialsProductsHairIndustryMajorsLowsTradeSouthInternationalFishesActiveUsed To BeParticipationTradingInfantItems1960sKoreaPursuedGarmentsRaw MaterialsFree TradeWigsSeaweedSouth KoreaTextilesInternational TradeExportingActive Participation Book:Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism Source: Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism
“In response to a suggestion that total free trade would end in cheaper foreign products flooding the market and causing unemployment.” EndsProductsTradeResponseSuggestionsUnemploymentCheaperFree TradeFlooding Author:Milton Friedman
“When Columbus took off, the purpose was to improve trade relations with China. That problem has not been solved to this very day, but just look at the by-products.” LooksProblemPurposeModernProductsRelationTradeChinaModern LifeColumbus Author:Edward Teller
“That is simple. In the Colonies we issue our own money. It is called Colonial Scrip. We issue it in proper proportion to the demands of trade and industry to make the products pass easily from the producers to the consumers. In this manner creating for ourselves our own paper money, we control its purchasing power, and we have no interest to pay.” InterestSimplePayIssuesProductsIndustryDemandPaperCreatingTradeProducersConsumersProportionColonyPurchasingPurchasing PowerPaper Money Author:Benjamin Franklin
“Wealth is not a given or an accident of history. It is not bestowed on us like rain from above. It is the product of human creativity in an environment of freedom. The freedom to own, to make contracts, to save, to invest, to associate, and to trade: these are the key to prosperity.” HumansGivenWealthCreativityEnvironmentProductsKeysRainTradeProsperityAccidentsContractsAssociates Author:Llewellyn Rockwell
“Character is the salesperson's stock in trade. The product itself is secondary. Truthfulness, enthusiasm and patience are great assets to every salesperson. Without them, they couldn't go far. Courage and courtesy are essential equipment.” CharacterProductsEssentialsTradeEnthusiasmAssetsEquipmentCourtesyTruthfulnessSalesperson Author:George Madison Adams
“Here I am, a product of something really vicious, product of the Atlantic slave trade. And yet, I give nary a thought to some of the awful things happening right now in the world.” WorldGivingProductsRight NowHappeningsTradeSlaveThings HappenAwfulViciousHere I AmSlave Trade Author:Jamaica Kincaid
“There's politics. When you talk about Asia - no one really wants to approach that full-force because it's very thin ice. No one wants to harm the relations with Asia, where most of those products are going to and being exported to. Many of the local institutions and politicians and veterinarians are involved in illegal trade. To crack that down, it's a big crime and big names to reveal.” WantBigsNamesForceCrimeProductsInvolvedPoliticianApproachRelationInstitutionsTradeHarmLocalsIceIllegalCracksAsiaVeterinarian Author:Veronika Varekova
“At some point, that risk-taking private capital can take over, and have patents and trade secrets and things that let them lead the way, which happened with the steam engine and some other things, although with energy, the time of adoption is a lot longer than it is with, say, IT products or even medical advances, like drugs and vaccines.” WayEnergySecretRiskHappenedProductsDrugTradeMedicalEnginesAdoptionSteamVaccinesPatentsRisk-takingSteam EnginesMedical Advances Author:Bill Gates
“You've seen certain credit type products that are going to be in nonbanks, like sophisticated CLO [collateralized loan obligation] tranches and stuff where the capital charge is so high that a bank simply will not own it. Someone will buy it, hedge it, trade it. But it won't typically be a bank.” CertainStuffProductsTypeTradeCreditObligationSophisticatedLoan Author:Jamie Dimon
“People can buy the kind of things they consider as normal and take for granted because of globalization and trade and use of supply chains and the reduction of the cost base of the manufacturing of some products.” PeopleKindUseProductsCostNormalTradeChainsGrantedGlobalizationManufacturingReductionSupply Chain Author:Christine Lagarde
“Good relations with Russia are great news. Putting a stop to the [Transatlantic Trade and Investment Partnership] is great news. Defending American industry against the invasion of Chinese products. Renegotiating the role of NATO. And a similar approach on the issue of immigration. This is all great news.” RolesIssuesProductsIndustryApproachNewsRelationTradeInvestmentRussiaImmigrationChinesePartnershipInvasionNatoGreat News Author:Matteo Salvini
“While the WTO negotiations will continue, there are other trade negotiations of a bilateral nature, which among other things, should help to open up these markets for South African products.” ShouldHelpingProductsTradeSouthSouth AfricaNegotiation Author:Thabo Mbeki
“With the Health Impact Fund, the innovation is paid for separately, through publicly funded health impact rewards, and the product is sold at the cost of production to all. Here, the cruel injustice of preventing the poor from buying at cost - evidenced by today's suppression of the trade in generic versions of patented medicines - would no longer be needed.” TodayPoorProductsNeededCostPaidInnovationTradeImpactMedicineRewardsInjusticeProductionsVersionsBuyingFundPreventingSuppressionGeneric Author:Thomas Pogge
“The US does not observe the free-trade principles. Those are for the weak. So agribusiness is highly subsidized and pours product into Mexico and drives out Mexican farmers. Maybe they have to go into the cities, and they don't have jobs to support them, so they flee across the border.” DoeJobsCitiesPrinciplesSupportProductsWeakTradeBordersFarmersMexicoMexicanFree TradeAgribusiness Author:Noam Chomsky