“When leaders of Asian and American nations meet Friday at an economic summit in South Korea, they have an ambitious goal: revive negotiations on a new global agreement to reduce trade barriers–a move that experts say could add some $300 billion a year to the global economy and help lift millions of people out of poverty. But to do so, they'll have to counter faltering worldwide momentum for free trade.” (Christian Science Monitor, Friday)
Consumers of the world unite! You have nothing to lose but those high prices!
FEE Timely Classic
“Comparative Advantage” by Dwight R. Lee