Economic Interdependence Quotes

Nor in truth, can Forreign Trade subsist without the Home Trade, both being connected together.

Our self-imposed isolation in the matter of markets, and the decline of our shipping interest in the last thirty years, have coincided singularly with an actual remoteness of this continent from the life of the rest of the world.

The benefits and consequences of globalization have a great deal to do with whether we're intelligent and thoughtful about how we approach globalization, or whether we're blindly accepting... or blindly resistant.

Economic diseases are highly communicable. It follows, therefore, that the economic health of every country is a proper matter of concern to all its neighbors, near and distant. Only through a dynamic and a soundly expanding world economy can the living standards of individual nations be advanced to levels which will permit a full realization of our hopes for the future.

Mexican exports worldwide benefit the U.S. economy because of their high percentage of U. S. content.

In 200 years when the United States will get all that it can from protectionism, it too will adopt free trade.

You cannot help the poor by destroying the rich. You cannot lift the wage earner by pulling down the wage payer.

I'm quite an advocate of free trade.

Globalization presumes sustained economic growth. Otherwise, the process loses its economic benefits and political support.

In a word, the free trade system hastens the social revolution. It is in this revolutionary sense alone, gentlemen, that I vote in favor of free trade.

We are for Free Trade, because by Free Trade all economical laws, with their most astounding contradictions, will act upon a larger scale, upon the territory of the whole earth; and because from the uniting of all these contradictions in a single group, where they will stand face to face, will result the struggle which will itself eventuate in the emancipation of the proletariat.

People tend to think about trade as if it's competition between companies - if Apple wins, Google loses. But that's false. Trade makes nations better off in general. Now, I want to be clear. I'm not saying that everything about trade is good and beneficial. Trade also has costs.

I want to go get trade agreements because if America walls itself up, if we address sort of an economic fortress America, we will lose.

If we start thinking simply nationally, and we start having policies that try and restrict the benefits only within our borders, and try and implement protectionist measures as a consequence, this will not have the effect we need to have on the global economy. And that's ultimately the global economy that's pulling most of us down, particularly countries like Canada, that aren't the source of these current economic troubles.

There has always been a temptation, at times of economic difficulty, to turn inward and put up the shutters. That is when we need free trade most.

So in terms of the global economic footprint, let's just say China within the next decade and a bit is likely to emerge as the world's largest economy. Obviously its foreign policy and security policy footprint increases and that creates both challenges and opportunities for us all.

When I came to the Senate in 1997, the world was being redefined by forces no single country controlled or understood. The implosion of the Soviet Union and a historic diffusion of economic and geopolitical power created new influences and established new global power centers - and new threats.

Economics is not a discipline that comes to correct answers - economies are too complex.

Foreigners, when they come to trade with a nations, make themselves temporary citizens, and tacitly consent to be bound by the same laws.

Neither capital can do without labor, nor labor without capital.

If America is addicted to foreign money and foreign oil, then China is addicted to foreign supplies of just about every commodity known to man - save highly polluting coal.

Trade is injured when it is not allowed to follow its natural course, and when it is either hampered or diverted by artificial obstacles. ...We believe in free trade because we believe in the capacity of our countrymen. That at least is why I oppose protection root and branch, veiled and unveiled, one-sided or reciprocal. I oppose it in any form

While protectionism doesn’t work, pure free trade doesn’t work either.

Free trade, one of the greatest blessings which a government can confer on a people, is in almost every country unpopular.

Protectionism has never been an answer, will never be an answer. We need trade. We need trade agreements worldwide.