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Most people aren’t free trade absolutists — they want a mixture of free trade and national security. One example is US ITAR restrictions, which prevent certain
by AnHonestComment 6y ago
Most people aren’t free trade absolutists — they want a mixture of free trade and national security.
One example is US ITAR restrictions, which prevent certain technologies being exported.
Another is looking to protect local food supplies against foreign competition — eg, dairy co-ops from foreign mega farms.
There’s lots of empirical evidence that a mixed system is more stable with little to no loss to innovation.
Most recently, COVID demonstrated the problem with foreign supply chains.