Wednesday, June 9, 2010

Neo Mercantalism?

We all know what mercantalism is--accumulate gold. Just as there are neoclassiscists--I studied about them in Intermediate MacroEconomics course, there was bound to be neo-mercantalism. Are these people who push financial wizardry above all--ignoring what money is for to buy or spend on needed for a better day. Or is those who push exporting, saving above consumption so the country can be stronger and more self-reliant.

And that free trade has take into account difference of environmental standards.

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