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Generally, protective trade policies weaken rather than strengthen competitiveness in industrialized nations. I guess you could argue that we’re so far behind
by twoodfin 9mo ago
Generally, protective trade policies weaken rather than strengthen competitiveness in industrialized nations.
I guess you could argue that we’re so far behind in some sector like manufacturing that we need developing-nation-like trade barriers to nurture embryonic growth, but a look at real numbers would, I think, demonstrate that’s rubbish.
- engineer_22 9mo ago> Generally, protective trade policies weaken rather than strengthen competitiveness in industrialized nations. Yes, that's historically been the argument used to pry open foreign markets