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Home2025 (Page 8)

Argentina’s recent $20 billion currency swap agreement with the US underscores the delicate balance of economic reform and the vital need for liberalization. Last month, there was a sudden run on the Argentine peso, fueled by a series of political setbacks, including Buenos Aires provincial elections in

Creating a long list of the familiar flaws in protectionists’ thinking is easy. Protectionists don’t realize that, although trade ‘destroys’ some particular jobs in the domestic economy, trade simultaneously creates other – and better – particular jobs in the domestic economy. (Foreigners sell us stuff