NetNews Usenet Archive 1992 #18/NN_1992_18.iso/spool/sci/econ/6835

Internet Message Format | 1992-08-14 | 1.2 KB

Path: sparky!uunet!gatech!concert!duke!news.duke.edu!acpub.duke.edu!mossiar
From: [e-mail] (Dante Mossi)
Newsgroups: sci.econ
Subject: Downside of trading blocks(when you are not in one!)
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Date: 14 Aug 92 20:35:00 GMT
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Organization: Duke University; Durham, N.C.
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I read in an article of the Washington Post that some countries of latin
america that produce bananas are fighting against a ruling of the
European community to repeal a tariff to bananas that do not come from
the EC or its colonies, such as some small islands in the caribbean.
The lossers if this tariff is upheld will be all, in one side the scale
that the continental producers have achieved gives good prices and
quality, then the european consumers will have to pay more (and/or
consume less) for this product. In the other side of the spectrum, are
the mostly american multinational that own these companies, their bottom
line is surely be affected. I guess that free trade is better than any
tariff, but formation of trading blocks should not mean imposing higher
tariffs on non members.

Dante Mossi.Duke.