A Quote by Hans F. Sennholz

In a world dependent on international trade and commerce, and staggering under a heavy load of international debt, no policy is more destructive than protectionism. It cuts off markets, eliminates trade, causes unemployment in the export industries all over the world, depresses the prices of export commodities, especially farm products of the United States. It is the crowning folly of government intervention.

Hans F. Sennholz

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Causes Commerce Commodities Crowning Cuts Debt Dependent Destructive Export Farm Folly Government Government Intervention Heavy Industries International International Trade Intervention Load Markets More National Debt Off Over Policy Prices Products Protectionism Staggering States Than Trade Unemployment United United States World

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Hans F. Sennholz
American - Economist
February 3, 1922 - June 23, 2007

As South Korea shows, active participation in international trade does not require free trade. Indeed, had South Korea pursued free trade and not promoted infant industries, it would not have become a major trading nation. It would still be exporting raw materials (e.g., tungsten ore, fish, seaweed) or low-technology, low-price products (e.g., textiles, garments, wigs made with human hair) that used to be its main export items in the 1960s.

Ha-Joon Chang

We must recognise that in a globalised world, we cannot remain insulated from external developments. India's trade performance in the current year has been robust, surpassing pre-crisis export levels and pre-crisis export growth trends. We have diversified our export baskets and our export destinations.

Pranab Mukherjee

We Canadians need to go beyond what any previous government has done in terms of our diplomatic network, our support for companies to export, trade and invest beyond North America, and our contribution to the safety of the international system, through defence, development, international organizations, and so forth.

Chris Alexander

With open markets, the nation's trade deficit with China would shrink as we export more natural gas and agricultural products and as China's consumers could afford to buy their preferred 'Made in America' products.

Neil Bush

Three year sof unconditional MFN have not lead to any subtantial improvement in human rights, trade and nuclear proliferation practice of the Chinese government. In addition to the trade barriers, China has marred our trade relationship wit prison labor or export and other unfair trade practices.

Nancy Pelosi

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.

Ron Wyden

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.

Ron Wyden

If China is helping its domestic industries charge an artificially low price for solar panels and other environmental goods, then China is violating international trade rules that it agreed to when it became a member of the World Trade Organization.

Ron Wyden

I support free trade. Donald Trump supports free trade.Trade means jobs. Jobs in the United States, jobs in my home state of Indiana are supported by international exports.

Mike Pence

The United States should.... avoid unilateral export controls and controls on technology widely available in world markets. Unilateral controls penalize U.S. exporters without advancing U.S. national security or foreign policy interests.

William J. Clinton

The United States is a very important country to us in the international context. But on other hand, Angola is also important to the United States because of its location in the Gulf of Guinea and because Angola has many more natural resources to export.

Joao Lourenco

Six million jobs in the US depend on trade with Mexico. Ten border states - six in Mexico and four in the United States - combined have the third or fourth largest economy in the world. Twenty-nine US states depend on Mexico as their primary export market.

Alan Bersin

There are over 20 federal agencies that provide some, or all, of the steps in the export process. This can paint a very confusing and intimidating picture for small companies who often don't have designated export officials or trade representatives on staff to navigate the process for their businesses.

Sam Graves

The SSRC committee turned attention from team research for building a model of the United States to doing one for world trade in order to investigate the international transmission mechanism.

Lawrence R. Klein

I believe in removing barriers in international trade. Part of the reason is that this creates huge markets for all of our products.

Petro Poroshenko

At a time when we are pleading with foreign governments to stop the export of cocaine, it is the height of hypocrisy for the United States to export tobacco.

C. Everett Koop

A Quote by Hans F. Sennholz

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