ARTICLE REVIEW ECO360

In the article No State Strategy for Trade, author Jock O’Connell elaborates about the possible ramifications of the State of California’s recent decision to abolish the California State World Trade Commission (WTC). Despite the fact that California is one of the worlds foremost economies, with sizeable stakes on what decisions will be made, this month the World Trade Commission will represent California at the negotiating table regarding the reduction in trade barriers in Cancun Mexico. In this article, O’Connell describes the rise and fall of the commission and further offers his interpretation of a possible resolution in the handling of the state’s trade related matters for the future.
According to a report published by the San Francisco based Public Policy Institute of California, the state has different trade interests than other states. California firms rely more heavily on exports than do other United States companies with exports representing 10% of California’s eco...