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> If you want free trade, the best way to go about it is to just lower your own barriers to trade: just because other countries are banging their heads against
by mixedCase 10y ago
> If you want free trade, the best way to go about it is to just lower your own barriers to trade: just because other countries are banging their heads against the wall doesn't mean we should do so, too.
Are you saying protectionist policies don't work? Because your idea would do nothing but hurt your own country by putting you at a disadvantage.
- eru 10y agoProtectionist policies are as a whole bad for the country enacting them. (But they can benefit certain special interests.) This is basically the least controversial and most orthodox position in the history of all of economics. Basically all economists agree with this one, even if they disagree on a lot of other things.