Now is the time for 'fair trade'

Article Abstract:

Fair trade (trade that is equitable and balanced) is the economic and moral solution to the U.S. foreign trade deficit. Protectionism is not the answer. The proposed Fair Trade Act will create a greater trade balance by making importers redirect their efforts, fending off a significant contraction of credit, removing the U.S. from local issues with important trading partners, and minimizing protectionist legislation. It will also reduce consumption, decrease domestic unemployment, and minimize the special powers of politicians. Fair trade will offer incentives for stable foreign investment in growing U.S. production ability.

United States, Laws, regulations and rules, International relations, Free trade

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Hot prospects

Article Abstract:

Business opportunities for US firms are in abundance overseas. Some of the most promising overseas markets for US include the UK, China, South Korea, Taiwan, Sweden, Indonesia, Denmark, Thailand and Malaysia. However, although China's major industries such as iron and steel, machine building, armaments, textiles and apparel, consumer durables, food processing, consumer electronics and telecommunications are attractive to foreign investors, the nation's potential as a viable business site is dependent on the stability of its political climate.

Foreign operations, Corporations

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Why we need an industry-technology partnership

Article Abstract:

The U.S. must apply its technology capabilities to its own industrial sector and not allow foreign rivals to benefit at our costs. Technological expertise can be used to help manufacturers improve their processes and products. All enterprises throughout industry have the common goal of utilizing technology as quickly and as efficiently as possible.

Planning, Officials and employees, Economic aspects, Economic policy, Beliefs, opinions and attitudes, Owens Corning, Technology, Boeschenstein, William W.

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