Free Trade Breakdown
Global fear about free trade, reflected in the breakdown of the Doha Round, leaves the planet at risk of missing out on the extraordinary benefits that it offers. Free trade is good not only for big corporations, or for job growth. It is simply good.
https://prosyn.org/CB12PbY
COPENHAGEN – Last month, the Doha negotiations, promising freer trade, broke down, ostensibly over a small technicality in safeguard rules. In reality, the talks collapsed because nobody – not Europe, not the United States, China, India, or the other main developing countries – was willing to take the political short-term hit by offending inefficient farmers and coddled domestic industries in order to create greater long-term benefits for virtually everyone.