Slowing consumption, of course, will tend to lessen the demand for foreign goods over time.
He said the U.S. government looks forward to China's growth as a market for foreign goods.
It means that the buying power of British citizens for foreign goods is crushed.
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American consumers are splurging on foreign goods, while foreigners are cutting back on American ones.
With affordable foreign goods on the market, infant industries may complain they have no way to compete.
Tariffs and quotas keep inexpensive foreign goods out, driving up prices for consumers and costs for businesses.
It is why Italians must sort their rubbish, give up their farmland and let in foreign goods.
The Indian currency, the rupee, was inconvertible and high tariffs and import licensing prevented foreign goods reaching the market.
Since all the tariffs have made foreign goods synonymous in the public mind with luxury, such campaigns injure imports most.
They are usually about explicitly protectionist measures, such as import tariffs or quotas, that keep out foreign goods at the border.
Goods-and-services imports rose by 3.4% in October, fuelled by higher oil prices as well as continued strong domestic demand for foreign goods.
And, likewise, US firms get access to cheaper foreign goods, leaving more money to invest in their domestic operations and grow their workforces.
The restrictions on its capital markets will eventually have to be lifted and market access for foreign goods and firms will be improved.
In truth, the arrival of foreign goods to U.S. ports is the ultimate compliment from clothes-makers, car manufacturers, and commodity extractors around the world.
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But it kept its doors closed to foreign goods, so it was left behind by the industrial revolution and the explosion in global trade.
One of the things I recommended was lowering taxes on domestic production over 5-years, while raising taxes sharply on foreign goods targeted to this market over 5-years.
It is a proposition that appeals to American consumers, whose voracious appetite for foreign goods is not likely to be slowed unless prices rise - and the dollar falls.
The US gets a cheap and stable source of funding for its trade deficit, allowing the economy to continue to grow as consumers purchase cheap foreign goods - whose low prices keep inflation in check.
When these mature industries are foreign, supporters of the infant industry argument call for tariffs, a tax on foreign goods, to force the foreign price above the already higher price of the infant domestic goods.
But holding a portion of one's wealth in a basket of foreign currencies is advisable, he says, as a portion of one's consumption over time comes from foreign goods produced both in developed and emerging markets.
Back to that Economics 101 course: I learned that there is a connection between the supply and demand for dollars in the foreign exchange market and the demand and supply respectively for foreign goods and services.
Additionally, Brazilian businesses have been given until the end of April to submit lists of foreign goods that they deem to be competing unfairly with Brazilian goods on the domestic market, an indicator that additional tariffs may be forthcoming.
The shipping container has done this again over the past 50 years: there is almost no level of legal or tax trade protection that could have stopped foreign goods getting ever cheaper as the costs of hauling things from country to country fell ever lower.
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The study found that America's appetite for foreign goods is so much stronger than the rest of the world's desire for American goods that even if the other rich countries raised their growth rates to match America's, they would still sell more to America than it would sell to them.
Imports of foreign consumer goods grew rapidly in both 1995 (27%) and 1996 (21%).
As foreign consumer goods flow in, and dollars flow out, a lid is kept on domestic prices.
In general foreign luxury goods are preferred, with top purchases being automobiles, clothing, cosmetics, purses and watches.
Even an import duty of up to 40% on foreign luxury goods into India has not kept most Western luxury retailers out of the market.
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The trouble is that, after years of government-sponsored anti-import and anti-consumption campaigns, many South Koreans believe that most problems can be solved by saving more and not buying foreign luxury goods.
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