Thu, Mar 19, 2009 - Page 8 News List

‘Six cents’ on a trade agreement with China

By Peter Chow 周鉅原

Freer trade will result in a winner and loser. For the aggregate national interest, the total gains from freer trade must be greater than the total loss. The government needs to have a set of “remedy policies” to compensate those industries that will suffer from freer trade.

Peter Chow is professor of economics at the City University of New York.

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