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Comments on: A Strict Application of “Kiwi Made” Actually Hurts Our Exporters http://www.tvhe.co.nz/2007/07/26/a-strict-application-of-kiwi-made-actually-hurts-our-exporters/ The Visible Hand in Economics Sat, 15 Dec 2007 14:22:12 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Idetrorce http://www.tvhe.co.nz/2007/07/26/a-strict-application-of-kiwi-made-actually-hurts-our-exporters/#comment-74 Sat, 15 Dec 2007 14:22:12 +0000 http://tvhe.wordpress.com/2007/07/26/a-strict-application-of-kiwi-made-actually-hurts-our-exporters/#comment-74 very interesting, but I don’t agree with you
Idetrorce

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By: Matt Nolan http://www.tvhe.co.nz/2007/07/26/a-strict-application-of-kiwi-made-actually-hurts-our-exporters/#comment-73 Wed, 05 Sep 2007 23:19:57 +0000 http://tvhe.wordpress.com/2007/07/26/a-strict-application-of-kiwi-made-actually-hurts-our-exporters/#comment-73 Of course America is a large economy that can provide a significant number of its own goods. Furthermore, you could put down the success of America to free trade – free trade between the 50 states. Each US state has a significant amount of independence from the federal government, and as a result each state has had free trade with its 49 neighbors for a long time.

I don’t think New Zealand will function well with isolationist policies. After all, if we close our borders I won’t be able to buy an Xbox 360 when Fable II comes out, and that would significantly effect my welfare 😉

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By: rauparaha http://www.tvhe.co.nz/2007/07/26/a-strict-application-of-kiwi-made-actually-hurts-our-exporters/#comment-72 Thu, 26 Jul 2007 05:23:23 +0000 http://tvhe.wordpress.com/2007/07/26/a-strict-application-of-kiwi-made-actually-hurts-our-exporters/#comment-72 I think that we need to consider the consequences of being so open to foreign trade. The US went through a long period of isolationism, which it has recently returned to, and look how successful it has been. A lesson in that perhaps?!

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By: Matt Nolan http://www.tvhe.co.nz/2007/07/26/a-strict-application-of-kiwi-made-actually-hurts-our-exporters/#comment-71 Thu, 26 Jul 2007 05:08:56 +0000 http://tvhe.wordpress.com/2007/07/26/a-strict-application-of-kiwi-made-actually-hurts-our-exporters/#comment-71 I think that goods should be made overseas, insofar as the increase in consumer surplus from this exceeds the reduction in producer surplus.

So in a sense I think we should only make products that we are internationally competitive in, preferably value-added products with a high world price 😉

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