China Quote by Michael Crichton
““Free trade is meaningless unless there is also fair trade.””
About This Quote
Source Speech: Interview on Trade Policy, 1995
Free trade must be paired with fairness to be meaningful.
In simple terms: Trade needs both openness and equity.
Key Takeaway
Ensure fairness alongside openness.
Themes
economics
trade
justice
Mood
thoughtful
analytical
Type
policy
economic
When to use this quote
- international negotiations
- business agreements
- policy making
Key Concepts
fairness
reciprocity
policy
trade balance
Questions to Reflect On
- What defines fair trade for you?
- How can fairness be measured?
A Different Perspective
Fairness can be hard to define and enforce.
![“[The Dalai Lama] told me some years ago, "I've made every concession to China, and I've been as open and tolerant as I could, and still things get worse in Tibet." If you look at it from one point of view, as he himself says, his monastic position of forbearance and nonviolence hasn't reaped any…” quote by Pico Iyer](https://sms4smile.com/quotes/img-quotes/9fe/pico-iyer-1252_benefits_the-dalai-lama-told-me-some-years-ago-i_678.jpg)
