Trade lunacy is back – Beragampengetahuan
It’s election season in the U.S., marred only by the minor complication of a criminal trial involving one of the candidates. Trump is on the campaign trail, and he is going big on trade policy. Or rather, trade lunacy.
Trump is considering a 10 percent universal import tariff, the former administration officials said, and one result of that policy could be to make the dollar weaker relative to other currencies.
Why do I say this policy is economically illiterate? Because universal import tariffs don’t weaken the currency relative to the currencies of trade partners and competitors. They are much more likely to strengthen it. Indeed they did, the last time Trump tried this. Why would they work differently now?
Contents
kegiatan ekonomi
prinsip ekonomi
ekonomi kreatif, ilmu ekonomi adalah, pelaku ekonomi
, kegiatan ekonomi adalah, sistem ekonomi
#Trade #lunacy
