So, as I noted before (in my discussion of the Colombia FTA), FTAs are often not about 'free' movement of goods and services, but are also ways of protecting corporate interests. That's why what you should expect is not that one country wins and another looses with a trade agreement. Corporations and elites win, and workers (consumers) tend to be on the loosing end (that would be a better description of the effects of NAFTA, for example).All you really need to know.
Naked Keynesianism
More on Trans Pacific Partnership (TPP)
Matias Vernengo | Associate Professor of Economics, Bucknell University
No comments:
Post a Comment