To: Still Thinking
Yes, totally unrestricted free trade is more efficient than trade with barriers, BUT you have to maintain a manufacturing base for strategic products, AND trade with bilateral barriers is still more beneficial than trade with asymmetric barriers.
Unrestricted free trade only works when both entities have a fairly even playing field. Corporate subsidies, heavy/lack of regulations, varied cost of living, all of these can make that free trade very one-sided, and not really 'free'.
To: Svartalfiar
Then we need to deregulate American companies so they can better compete.
71 posted on
05/19/2019 8:50:35 AM PDT by
Eric Pode of Croydon
(I'm an unreconstructed Free Trader and I do not give a damn.)
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