Word: importance
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Dates: during 1990-1999
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...business in Burma, now called Myanmar, which is one of Asia's most saw-toothed dictatorships. But the U.S. State Department sees such boycotts as a violation of federal sovereignty and free trade. Then there are the environmentalists. To protect sea turtles, an endangered species, they want an import ban on shrimp caught in nets that don't have escape hatches to let the turtles swim away. Congress has adopted such a ban, but the WTO forbids it; member nations can't block imports on the basis of the way they are produced. The organization may also eventually forbid American...
...right question is whether the WTO standards--to which the U.S. Congress agreed in 1994 --are appropriate. The environmentalists say no, because under WTO rules a country generally can't stop the import of goods from countries on the basis of whether or not we like how those goods have been produced. The U.S. and European trade unions say no, because under WTO rules we generally can't stop the import of goods from countries on the basis of how the workers are treated or how much they earn...
...public health, arguing that the organization puts the narrow interests of business over those of society in general. But countries disadvantaged by such measures often charge that they're invoked as a fig leaf for old-fashioned protectionism. For example, Washington has dismissed European health concerns over the import of hormone treated beef as an attempt to protect less competitive European farmers...
...There's the rub. It is very risky to assign Genesis today. The A.C.L.U. might sue. Ever since the Supreme Court decision of 1963 barring prayer from the public schools, any attempt to import not just prayer but biblical studies, religious tenets and the like into the schools is liable to end up in court...
...ones. The call to end immigration appeals more to prejudice and fear than economics. It obscures the fact that many immigrants share the same economic troubles and concerns that affect working Americans. Although we should question the motivation behind these trade agreements, Buchanan's call for high tariffs and import substitution is foolish. The deceptively simple idea that by importing less, we will manufacture more has left a trail of ruined economies around the world...