Christine Lagarde Quotes

Offshoring is only the latest manifestation of the gains from trade that economists have talked about at least since Adam Smith… More things are tradable than were tradable in the past, and that’s a good thing.

Texas is made for trade.

Trade and globalization are here to stay.

Countries trade with one another for the same reasons that individuals, businesses, and regions do: to exploit their comparative advantages.

The need of a constantly expanding market for his products chases the manufacturer over the whole surface of the globe. They must nestle everywhere, settle everywhere, establish connections everywhere.

One by one, trade and investment barriers will continue to be swept away by globalization, like leaves on an autumn day…The new challenge will be less to regulate relations among national economies, than to establish the rules and structures of a transnational economy.

Modern industry and the opening of the world market made the struggle universal and at the same time gave it unheard-of virulence. Advantages in natural or artificial conditions of production now decide the existence or non-existence of individual capitalists as well as of whole industries and countries. He that falls is remorselessly cast aside.

More and more we must build our foreign policy around commerce.

We are the greatest trading country in the world because we have the greatest exportation of the growth and product of our land and of the manufacture and labor of our people; and the greatest importation and consumption of the growth, product, and manufactures of other countries from abroad, of any nation in the world.

Nations finding the Export of Money or Bullion to pay the ballance due by Trade, a loss of so much Riches, and very hurtful to Trade, might have discharg'd the Import of such Goods as the People could best want; Or laid a Duty on them, such as might have lessen'd their Consumption: They might have given encouragement to Industry, whereby the Product would have been encreas'd and improv'd, or discourag'd extravagant Consumption, whereby the Overplus to Export would have been greater; Any one of these Methods would have brought Trade and Exchange equal

If a foreign country can supply us with a commodity cheaper than we ourselves can make it, better buy it of them with some part of the produce of our own industry, employed in a way in which we have some advantage.

We know full well we cannot sell where we do not buy and we cannot sell successfully where we do not carry.

We have quit discussing the tariff, and have turned our attention to getting trade wherever it can be found.

Tell me how poor Ireland, exhausted and drained of her life-blood at every pore, with a population almost wholly agricultural and unused to mechanical pursuits, is to establish new factories, and where she is to find the customers to keep them going. She cannot create new markets. This world is only limited after all, and the nations of Europe are pushing their way into its remote corners so rapidly that in a few years time, at most, the entire world will have been exhausted as a market ...

Mexican exports worldwide benefit the U.S. economy because of their high percentage of U. S. content.

Commerce is a core component of pretty much any successful society.

We're a trading nation. We need to have trade, we rely on it, a vast proportion of our jobs in our country rely on trade agreements.

But now that foreign steel, and foreign cars, are moving into the United States in increased quantities at relatively low prices, the United States can no longer keep its business system fluid by inflation.

As I constantly remind Canadians, there isnt really a Canadian economy anymore. It is a global economy.

Let’s export American products, not American jobs.

When a Nation exports more or less Labour, than is imported into it, that difference between Exports and Imports of Labour, is called Ballance of Trade

Although a Kingdom may be enriched by gifts received, or by purchase taken from some other Nations, yet these are things uncertain and of small consideration when they happen. The ordinary means therefore to increase our wealth and treasure is by Foreign Trade

Economies that are open to trade grow faster.

The countries that stand to benefit most from greater competition and openness are those nations that display the highest protection.

Our security strategies have not yet caught up with the risks we are facing. The globalization that has swept away the barriers to the movement of goods, ideas and people has also swept with it barriers that confined and localized security threats.