Two news items today that strengthen the belief that trade is good.
First, the US and China agreed to end their dispute over Chinese tax breaks on computer chips. If nothing else it shows that the WTO can be used effectively to solve disputes.
http://edition.cnn.com/2004/BUSINESS/07/08/china.trade.reut/
http://washingtontimes.com/business/20040708-094843-6754r.htm
the second story, which for
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