Americans' "Hypocrisy" in Auto Rescue Spurs Me-Too Trading Ire

Bloomberg by Jennifer M. Freedman | Nov. 23, 2008 (News Report)

A U.S.-triggered spate of global carmaker-bailout proposals may spark trade disputes over whether the Americans are unfairly trying to subsidize their industry or just making up for state aid that foreign rivals already enjoy.

As the U.S. considers a lifeline for its auto companies, officials in Europe, Canada and Asia are considering their own aid packages -- even as the European Union threatens to lodge a complaint against any U.S. bailout to ... Full Story »

Posted by Leo Romero

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Fabrice Florin
3.8
 by Fabrice Florin - Dec. 1, 2008

Informative report on the international tensions caused by the proposed U.S. bailout of its automakers. This article presents good factual evidence and thoughtful perspectives from a variety of sources to document the issues which a U.S. bailout would introduce. The risk of a double-standard is well articulated (“we tell others to open up their markets and reduce barriers, and we are doing the opposite.”) and provides helpful context on this important issue.

“We tell others to open up their markets and reduce barriers, and we are doing the opposite.”

David Littmann, economist for the Mackinac Center for Public Policy

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Fabrice's Rating

Overall
3.8

Good
from 12 answers
Quality
3.8
Facts
4.0
Fairness
4.0
Information
4.0
Sourcing
4.0
Style
4.0
Context
4.0
Depth
3.0
Enterprise
3.0
Popularity
3.5
Recommendation
4.0
Credibility
3.0
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