"Export restrictions are cumbersome weapons, with unpredictable effects .."
Fuel efficient autos from the 70s oil crisis & the rebound in alternative energy interest due to the Hormuz crisis are top of mind.
Nixon's 1973 soybean restrictions leading to Japan investing in Brazil prod'n is new to me!
Wallace Oyama 🇨🇦 🍁
By blocking the Strait of Hormuz, could Iran force other countries to invest in long-term workarounds?
Are US government export restrictions forcing the Chinese AI chip ecosystem to become more efficient?
Are export restrictions a one-shot weapon?
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Why export restrictions have always been the best, and the worst, weapons to bring to global trade battles
