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Fact of the day
In 2001, the United States collected more in import duties from Bangladesh than it did from France, despite importing 12 times as much from France.
We're importing 12 times as much from France as from Bangladesh, in case you find their grammar confusing. The fact is from Foreign Policy, May/June issue, p.50.
Posted by Tyler Cowen on April 15, 2004 at 07:48 AM in Economics | Permalink
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» To Them That Have ... from Foreign Dispatches
Also from Marginal Revolution ... a statistical tidbit that highlights the egregiously unfair tariff regime rich countries submit poor countries to. What they give with one hand as foreign aid, they more than take with the other through protectionism. [Read More]
Tracked on Apr 16, 2004 3:53:48 PM
