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Why is free trade good? Isn't competition easily attacked via subsidation, for example, if trade is unregulated (why Chinese cars are not bought in EU)?
by dmos62 1y ago
Why is free trade good? Isn't competition easily attacked via subsidation, for example, if trade is unregulated (why Chinese cars are not bought in EU)?
- oldpersonintx 1y ago[dead]
- olalonde 1y agoThat's a broad question, and I don’t have time to give a full answer right now — but I recommend checking out some classic talks by economist Milton Friedman on YouTube. He explains tariffs and subsidies really well. For example: https://www.youtube.com/watch?v=Tcw3Z3vMqWw https://www.youtube.com/watch?v=Tcw3Z3vMqWw