Kilmar, Detained and Unnamed
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Tariffs and Trade: The Falkland Islands' Economic Landscape
This chapter explores the impact of high tariff rates on the Falkland Islands, particularly in relation to their trade deficit with the U.S. It critiques the reliance on trade deficits for tariff determination, highlighting the vulnerability of small economies in international trade dynamics. The discussion also touches on the Falklands' unique position, historical economic factors, and the challenges posed by larger nations, emphasizing the importance of free trade and resilience in the face of global disruptions.
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