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> The converse of this is that protective trade policies have a cost. If the US government is going to protect its native semiconductor industry, it will be shi
by ardy42 6y ago
> The converse of this is that protective trade policies have a cost. If the US government is going to protect its native semiconductor industry, it will be shielding inferior engineering from competition, doing so at the expense of US consumers and taxpayers.
Protective trade polices have a costs, but free trade polices have costs too--they're just different ones.