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Category: trade

Economics, trade: Theoretical tariffs, part 2: epsilon and phi

By Jack Posted on April 30, 2025 Posted in economics, trade

Self-tutoring about trade and economics: the tutor mentions some parameters from the apparent theoretical tariff calculation. In yesterday’s post I mention a calculation apparently meant to model theoretical tariffs on US exports. As I understand, said formula, which looks somewhat …

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Economics, trade: Theoretical tariffs, part 1

By Jack Posted on April 29, 2025 Posted in economics, trade

Self-tutoring about theoretical tariff calculations and assumptions: the tutor mentions a formula. The following is my understanding of the situation. The Trump administration seems seldom short of ideas, whatever one might think of any particular one. An example is the …

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Trade: negotiations, but why?

By Jack Posted on April 18, 2025 Posted in trade Tagged with EU, european union, tariffs

Self-tutoring about international trade: the tutor mentions a point of view. Trump, apparently, says he’s in no hurry to change the tariff situation. He seems to claim that the tariffs are enriching the United States. One wonders, therefore, why someone …

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Politics, trade: US tariffs: ideas about proceeds

By Jack Posted on March 11, 2025 Posted in politics, trade Tagged with tariffs

Self-tutoring about the possible income from US tariffs: the tutor looks at some numbers. One can’t be sure exactly what the import numbers will be for 2025, but based on import numbers from 2022, here are some ideas about possible …

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Trade: what is Mercosur?

By Jack Posted on March 3, 2025 Posted in trade Tagged with european union, international trade

Self-tutoring about trade and trade regions: the tutor mentions Mercosur. Mercosur is defined, in some literature, as a process of integration. As I understand, Mercosur includes, presently, Brazil, Argentina, Uruguay, Paraguay, and Venezuela, with Bolivia’s membership pending. The membership of …

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Trade: Iran with Venezuela: why is the US mentioned?

By Jack Posted on October 17, 2021 Posted in trade

Self-tutoring about international trade: the tutor mentions an interesting situation. Apparently, Iran and Venezuela have come to a deal: Venezuelan heavy crude for Iranian diluting agents. The diluting agents from Iran will be used to thin Venezuelan oil into lighter, …

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