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Ten Biggest Strikes in U.S. History
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<blockquote data-quote="Catatonic" data-source="post: 1212723" data-attributes="member: 7966"><p><strong>They would be out of business if they had not.</strong></p><p></p><p>I don't know how to reconcile yours and my bad feelings against companies outsourcing since the alternative is usually going out of business.</p><p>We are lucky at UPS because we provide a service that requires physical presence in the locale of pickup, transport,sort and delivery of packages.</p><p></p><p>It seems the days of strong <a href="http://ecedweb.unomaha.edu/lessons/feoga.htm" target="_blank">trade restrictions</a> in the USA are gone because they are generally bad for the consumer.</p><p>The consumer is king.</p><p></p><p></p><p></p><p><span style="color: #000000"><span style="font-family: 'Arial'">Despite the advantages of free trade, many nations impose limits on trade for a variety of reasons. The main types of trade restrictions are tariffs, quotas, embargoes, licensing requirements, standards, and subsidies.</span></span></p><p><span style="color: #000000"><span style="font-family: 'Arial'"><strong>Tariffs,</strong> taxes on imports, raise the price of imported goods, which increases the demand and price for the same goods produced by domestic suppliers. Revenues from tariffs are collected by the domestic government.</span></span></p><p><span style="color: #000000"><span style="font-family: 'Arial'"><strong>Quotas</strong> put a legal limit on the amount that can be imported, creating shortages which cause prices to rise. A quota benefits domestic producers in the same way a tariff does, but the additional money expended on foreign goods goes to the foreign producers, not the domestic government.</span></span></p><p><span style="color: #000000"><span style="font-family: 'Arial'"><strong>Embargoes</strong> prohibit trade with other nations. They bar a foreign nation's imports or ban exports to that nation or both.</span></span></p><p><span style="color: #000000"><span style="font-family: 'Arial'"><strong>Licenses</strong> may be required of importers of foreign goods so that imports can be restricted by limiting the number of licenses issued. Export licenses may be required in order to implement partial embargoes on trade with specific nations.</span></span></p><p><span style="color: #000000"><span style="font-family: 'Arial'"><strong>Standards</strong> are laws or regulations establishing health and safety standards for imported goods, frequently much stricter than those applied to domestically produced goods.</span></span></p><p><span style="color: #000000"><span style="font-family: 'Arial'"><strong>Subsidies</strong> are payments made by governments to their domestic producers to enable them to compete with foreign competitors. They are usually intended to be temporary, allowing domestic producers to acquire new technology or to survive a short-term problem, but they frequently linger on for many years. It is difficult to dislodge entrenched special interests. Taxpayers bear the costs of subsidy payments.</span></span></p><p><span style="color: #000000"><span style="font-family: 'Arial'"><strong></strong></span></span></p><p><span style="color: #000000"><span style="font-family: 'Arial'"><strong><span style="color: #ff0000">Trade restrictions</span></strong><span style="color: #ff0000"> limit world trade, diminish economic efficiency, reduce total production and employment, raise prices, and encourage retaliation. They benefit some domestic companies and their workers at the expense of foreign companies and workers, and domestic consumers. While subsidies benefit some domestic companies and workers in exporting industries, tariffs reduce exports. Tariffs shift resources and production from more effective to less effective producers. Arguments used to support trade restrictions include the infant industry argument and the national security or strategic industry argument.</span></span></span></p></blockquote><p></p>
[QUOTE="Catatonic, post: 1212723, member: 7966"] [B]They would be out of business if they had not.[/B] I don't know how to reconcile yours and my bad feelings against companies outsourcing since the alternative is usually going out of business. We are lucky at UPS because we provide a service that requires physical presence in the locale of pickup, transport,sort and delivery of packages. It seems the days of strong [URL="http://ecedweb.unomaha.edu/lessons/feoga.htm"]trade restrictions[/URL] in the USA are gone because they are generally bad for the consumer. The consumer is king. [COLOR=#000000][FONT=Arial]Despite the advantages of free trade, many nations impose limits on trade for a variety of reasons. The main types of trade restrictions are tariffs, quotas, embargoes, licensing requirements, standards, and subsidies.[/FONT][/COLOR] [COLOR=#000000][FONT=Arial][B]Tariffs,[/B] taxes on imports, raise the price of imported goods, which increases the demand and price for the same goods produced by domestic suppliers. Revenues from tariffs are collected by the domestic government.[/FONT][/COLOR] [COLOR=#000000][FONT=Arial][B]Quotas[/B] put a legal limit on the amount that can be imported, creating shortages which cause prices to rise. A quota benefits domestic producers in the same way a tariff does, but the additional money expended on foreign goods goes to the foreign producers, not the domestic government.[/FONT][/COLOR] [COLOR=#000000][FONT=Arial][B]Embargoes[/B] prohibit trade with other nations. They bar a foreign nation's imports or ban exports to that nation or both.[/FONT][/COLOR] [COLOR=#000000][FONT=Arial][B]Licenses[/B] may be required of importers of foreign goods so that imports can be restricted by limiting the number of licenses issued. Export licenses may be required in order to implement partial embargoes on trade with specific nations.[/FONT][/COLOR] [COLOR=#000000][FONT=Arial][B]Standards[/B] are laws or regulations establishing health and safety standards for imported goods, frequently much stricter than those applied to domestically produced goods.[/FONT][/COLOR] [COLOR=#000000][FONT=Arial][B]Subsidies[/B] are payments made by governments to their domestic producers to enable them to compete with foreign competitors. They are usually intended to be temporary, allowing domestic producers to acquire new technology or to survive a short-term problem, but they frequently linger on for many years. It is difficult to dislodge entrenched special interests. Taxpayers bear the costs of subsidy payments.[/FONT][/COLOR] [COLOR=#000000][FONT=Arial][B] [COLOR=#ff0000]Trade restrictions[/COLOR][/B][COLOR=#ff0000] limit world trade, diminish economic efficiency, reduce total production and employment, raise prices, and encourage retaliation. They benefit some domestic companies and their workers at the expense of foreign companies and workers, and domestic consumers. While subsidies benefit some domestic companies and workers in exporting industries, tariffs reduce exports. Tariffs shift resources and production from more effective to less effective producers. Arguments used to support trade restrictions include the infant industry argument and the national security or strategic industry argument.[/COLOR][/FONT][/COLOR] [/QUOTE]
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