NAFTA

BY MADISON CHAPMAN After a tumultuous August in Washington, one thing is certain: the Trump Administration will amend the North American Free Trade Agreement (NAFTA). President Trump met with Mexican President Enrique Peña Nieto at the July 7th G20 Summit, where each expressed a desire to conclude any NAFTA discussion by year-end. According to a […]

BY JOHN SCIANIMANICO David Ricardo, the father of modern-day trade theory, must be rolling in his grave. Ricardo’s doctrine of comparative advantage helps explain how the rise of international trade has benefited countries around the world. Global GDP per capita has exploded, life expectancy has increased, and billions have been lifted out of poverty. In […]