While these forms of protection have often been imposed under the label of promoting so-called 'fair trade,' oftentimes they are just simple guises for inhibiting competition.
More Quotes from Alan Greenspan:
Concentration and other risks in holding dollar balances seem to have become a consideration at least for some investors,Alan Greenspan
Six weeks after the beginning of the war, we have only limited readings on broader economic conditions, and that information has been mixed,
Alan Greenspan
Whether those adjustments are wrenching will depend ... on the degree of economic flexibility that we and our trading partners maintain, and I hope enhance, in the years ahead,
Alan Greenspan
I find it difficult to find rational arguments for that particular initiative,
Alan Greenspan
At some point, labor market conditions can become so tight that the rise in nominal wages will start increasingly outpacing the gains in labor productivity, and prices inevitably will then eventually begin to accelerate,
Alan Greenspan
But, given our current state of knowledge, I find it difficult to envision central banks successfully targeting asset prices any time soon,
Alan Greenspan
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Based on Topics: Business & Commerce Quotes, Competition QuotesBased on Keywords: guises, inhibiting
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