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China and Free Trade
In the International Business class, free trade has been the cornerstone for economic prosperity. But sometimes free trade can flood the market with cheaper products, causing financial problems for companies in this country. Often, the U.S. government will set up a tariff to help the American companies. But is this the best solution? This is the topic of the article, Bush's China-Trade Dilemma by Neil King, Jr. published November 14, 2002 in "The Wall Street Journal."
Since China joined the World Trade Organization last year, it has become the third largest supplier of goods and services imported to the United States. Many U.S. companies are complaining that China is selling the items below cost and want Congress to impose duties. They accuse China of breaking the free-trade agreement that it made when it joined the WTO. Trade expert, Gary Hufbauer, says, "It is just a matter of time before we have a repeat of the Japan trade battles, but this time with......



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Title: China's Free Tarde
Approximate Word Count: 427
Approximate Pages: 2 (250 words per double-spaced page)

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