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Unfair International TradeGlobalization: An Environmental and Human DisasterCongressman Sherrod Brown in Myths of Free Trade: Why American Trade Policy Has Failed discusses 7 free trade myths: 1) Americans believe in free trade. I add an eighth myth that free trade has no detrimental effect on the environment.
Submitted by Edward Thomas O... on Tue, 05/15/2007 - 14:33. categories [ Green Thoughts | Unfair International Trade ]
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Globalization: The Race to The BottomGlobalization means a concerted effort to reduce tariffs, red tape and subsidies that are impediments to world trade. This effort got started at the United Nations Monetary and Financial Conference at Bretton Woods, New Hampshire in July, 1944. Delegates from all 45 Allied nations met to regulate monetary, financial and trade barrier reduction. The common feeling was that the high tariff walls erected in the 1920s and 1930s had a significant role in bring on the Great Depression which brought the Nazis to power. The Allies were determined to avoid another world war. Increasing prosperity for all seemed like a good way of doing that. The Bretton Woods Conference, as it came to be known, created two institutions, the World Bank and the International Monetary Fund.
Submitted by Edward Thomas O... on Tue, 05/08/2007 - 17:31. categories [ Green Thoughts | Unfair International Trade ]
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