International trade specialist says its all about price
Vivian C. Jones, specialist of international trade and finance at the Congressional Research Service, says that public entities or government subsidies help to lower the prices of U.S. goods for consumers. Jones says it is fundamentally about price, especially since U.S. industries claim that imported goods are unfairly priced. Jones says that this makes the U.S. producers unable to compete internationally. (0:35)
July 14, 2008
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