A Quote by Gita Gopinath

The biggest losers from international trade are always those whose skills have a cheaper competitor in a different market. — © Gita Gopinath
The biggest losers from international trade are always those whose skills have a cheaper competitor in a different market.
For those of us who believe in it, there has to be a movement that says, "We still believe in trade. We still believe in international engagement for America. But for those losers or those who are suffering, we've got your back."
There are always losers when society evolves. In the free market, these losers are expected and encouraged to retrain and find new ways to survive and thrive.
In response to a suggestion that total free trade would end in cheaper foreign products flooding the market and causing unemployment.
Business requires an unbelievable level of resilience inside you, the chokehold on the growth of your business is always the leader, it's always your psychology and your skills - 80% psychology, 20% skills. If you don't have the marketing skills, if you don't have the financial-intelligence skills, if you don't have the recruiting skills, it's really hard for you to lead somebody else if you don't have fundamentally those skills. And so my life is about teaching those skills and helping people change the psychology so that they live out of what's possible, instead of out of their fear.
The biggest losers are those who care only about winning.
Every place you can find an edge, you should - the free agent market, the undrafted market, the D-League, international players, Americans playing overseas, international players playing in America, the second round. You should be looking for all those opportunities, finding whatever edge you can.
Remember that banks aren't markets. The market is amoral. The market doesn't care who you are. You're a trade to the market. The market will sell you if they think you're riskier.
The biggest public fallacy is that the market is always right. The market is nearly always wrong. I can assure you of that.
European businesses will want to retain free-trade access to the U.K. - their biggest export market.
Trade wars arent started by countries appealing to respected, independent trade authorities. Rather, trade wars begin when one country decides to violate international trade rules to undercut another countrys industries.
Nationalism makes us poor because its Siamese twin, protectionism, will destroy the internal market and disrupt international trade.
Protectionism is a misnomer. The only people protected by tariffs, quotas and trade restrictions are those engaged in uneconomic and wasteful activity. Free trade is the only philosophy compatible with international peace and prosperity.
The interest of the dealers, however, in any particular branch of trade or manufactures, is always in some respects different from, and even opposite to, that of the public. To widen the market and to narrow the competition, is always the interest of the dealers.
The culture war is between the winners and those who think they're losers who want to become winners. The losers think the only way they can become winners is by banding together all the losers and them empowering a leader of the losers to make things right for them.
We have international standards regulating everything from t-shirts to toys to tomatoes. There are international regulations for furniture. That means there are common standards for the global trade in armchairs but not the global trade in arms.
Trade wars aren't started by countries appealing to respected, independent trade authorities. Rather, trade wars begin when one country decides to violate international trade rules to undercut another country's industries.
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