4 ms·
>Developing countries that embraced free trade (see Africa, South America) largely remain poor today while countries that embraced protectionism (see Asia) are
by tormeh 8y ago
>Developing countries that embraced free trade (see Africa, South America) largely remain poor today while countries that embraced protectionism (see Asia) are much wealthier
The assumption that South America and Africa are pro free trade is not true. Indeed, most of the countries with the highest tariffs are in Africa.
https://www.tutor2u.net/economics/blog/which-countries-have-the-lowest-import-tariffs https://www.tutor2u.net/economics/blog/which-countries-have-...