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By allowing free trade you allow companies to operate wherever is most efficient. This reduces costs, and therefore reduces prices (through competition). Every
by jstanley 8y ago
By allowing free trade you allow companies to operate wherever is most efficient.
This reduces costs, and therefore reduces prices (through competition). Everybody is a winner (apart from the previously-protected businesses who now have to compete on a level playing field).
- Pfhreak 8y agoEveryone, that is, except the people who have to live with the externalities that come with chasing efficiency. Some of those places that are more efficient are more efficient because, hey, they don't regulate emissions. Or they don't have strict safety standards. Or they don't require employers to take care of injured workers. Clearly, not everybody is a winner.
- Spivak 8y ago> wherever is most efficient This is only true when all actors play by the same rules. Without this requirement the most efficient places to operate are where there are the fewest labor and environmental protections. I would 100% be in favor of eliminating tariffs to countries that meet the same standards but its silly to say that we're better off exploiting not-quite-slave labor.
- mrtksn 8y ago>I would 100% be in favor of eliminating tariffs to countries that meet the same standards That’s the current situation with the EU. Turns out the UK is not happy with that.
- ralfn 8y agoThe British upper class wants the freedom to abuse their lower class more and they sold this nonsense to them with a spiel about sovereignty. Thank God the Brits have such a taste for irony. They'll be feasting on this one for the better part of a decade.