http://www.whitehouse.gov/sites/default/files/microsites/2011_erp_chapter4.pdf
its called
"smart trade policy"
it includes
"robust enforcement " of "market access"
and
a continued "unusually large " gap in EM vs DM expansion rates
--close to five points --
7.0 versus 2.5
---average prior thirty years
4.5 versus 2.8
recall 2.8 is an average over the cycle rate
the present 2.5 is a recovery rate !!!
