Word: tradings
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Dates: during 1980-1989
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Dumping goods at below cost is a violation of the General Agreement on Tariffs and Trade agreed upon by 92 countries, including the United States and Japan, Tucker said...
...this year in Calgary, but three of those "best and fleetest" used to skate in the red and white of the Harvard Crimson. Scott Fusco '86 is making a return appearance with the Olympians, while seniors Lane MacDonald and Allen Bourbeau are taking the year off to ply their trade on a slightly higher level...
Blueprint 2000 is no "cure-all" for the state's problems, said Murphy's policy director, Christopher Scott, "but we can offer recommendations to solve them--we want to avoid trade-offs between health care and education...
Levy an energy tax. This could be a twofer: it would not only help ease the budget deficit but could also reduce the trade gap by discouraging demand for imported oil. A tax of $5 per bbl. on annual U.S. imports of some 1.5 billion bbl. of foreign crude would raise approximately $7.5 billion in extra revenues. An alternative is a gasoline tax of 5 cents per gal. in addition to the current 9 cents federal levy, which would produce an extra $5 billion or so (1986 U.S. consumption: 112 billion gal.). Though energy taxes tend to be regressive, citizens...
Encourage consumers to save. If Americans increased their savings rate (only 4% of disposable income last year, vs. nearly 17% in Japan), they would spend less money on foreign imports and help cure the trade deficit. Moreover, an expansion of America's paltry savings pool would help reduce U.S. dependence on foreign financing. One proposal for bringing that about: a progressive consumption tax. This kind of levy would work like a national sales tax, but be progressive in the sense that it would exempt necessities (food, housing, medicine, clothing) to avoid putting an undue burden on low-income citizens. Former...