aerial photography of delivery ship

Reuters: Shut out of China, U.S. coal exporters find favour in India

Article published: Nov 20, 2018

IB Economics syllabus: International economics (protectionism, trade)

This article talks about how the higher tariffs in China made American coal producers sell coal in other countries (e.g. India) instead of China. This is a real-life example of trade diversion.

Source of image: unsplash.com

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