by JOHN S. ROSENBERG – MAY-JUNE 2014
Hanoi’s streets (in 2007, above) are now full of motorcycles and scooters, and shop shelves are no longer bare. Photograph by Chau Doan/Getty Images
building”>harvardmagazine – A RECENT Monday morning, during a class on global trade, the professor reviewed the effects of nations’ limits on such commerce: tariffs, quotas, and the “voluntary” restraints exporting countries impose on their shipments to eager customers (lest protected interests in the importing area wilt). His students, arrayed in a teaching amphitheater laid out like the classrooms at Harvard Business School (HBS)—complete with laminated placards bearing each
