Comparative advantage works—until it doesn’t. For critical sectors like semiconductors and medication precursors, domestic production isn’t inefficient—it’s national insurance.
Duties distort trade by raising prices and hiding true costs—consumers end up paying more, even for equal-quality goods. Understanding trade and comparative advantage matters more than ever.
The Japanese bond market may seem distant, but its ultra-low interest rates drive global carry trades that impact asset values in North American retirement portfolios. A shift in Japan's policy can trigger ripple effects retirees can’t afford to ignore.
The Japanese bond market may seem distant, but its ultra-low interest rates drive global carry trades that impact asset values in North American retirement portfolios. A shift in Japan's policy can trigger ripple effects retirees can’t afford to ignore.
Comparative advantage works—until it doesn’t. For critical sectors like semiconductors and medication precursors, domestic production isn’t inefficient—it’s national insurance.
Duties distort trade by raising prices and hiding true costs—consumers end up paying more, even for equal-quality goods. Understanding trade and comparative advantage matters more than ever.
