The way the textbook works is you have gains from trade that should be distributed across all the trading partners. As soon as one bad actor like China massively cheats, they win at the expense of us; they win at the expense of Europe, and over time, it threatens the entire integrity of the global financial system and the global trading system.
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"The way the textbook works is you have gains from trade that should be distributed across all the trading partners. As soon as one bad actor like China massively cheats, they win at the expense of us; they win at the expense of Europe, and over time, it threatens the entire integrity of the global financial system and the global trading system." — Peter Navarro #moneywealth
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The way the textbook works is you have gains from trade that should be distributed across all the trading partners. As soon as one bad actor like China massively cheats, they win at the expense of us; they win at the expense of Europe, and over time, it threatens the entire integrity of the global financial system and the global trading system. — Peter Navarro
About Peter Navarro
Peter Navarro was a Economist from United States (1949–present).
Frequently Asked Questions
Who said "The way the textbook works is you have gains from trade that should be distribu…"?
This quote is attributed to Peter Navarro, a Economist from United States.
When did Peter Navarro live?
Peter Navarro lived from 1949 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.