How tariffs can divert trade

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. [...]

By | 2018-11-26T05:16:42+00:00 November 21st, 2018|International Economics|Comments Off on How tariffs can divert trade

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