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To: Ninian Dryhope
Over time, everyone in general benefits from free trade, although there are always going to be individual winners and losers when one is forced to compete.

History tells us that this is simply not true. History tells us that there are nations that win and nations that lose. If England, for instance, had ditched free trade and gone to protectionism at the turn of the 20th century, it would have strenghtened its industrial base sufficiently to be able to fight two world wars without hocking itself to America.

406 posted on 09/21/2005 11:11:21 AM PDT by Sam the Sham (A conservative party tough on illegal immigration could carry California in 2008)
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To: Sam the Sham
If England, for instance, had ditched free trade and gone to protectionism at the turn of the 20th century . . . .

I may be wrong, but as long as the two of us are blowing smoke, England's economy at the turn of the 20th Century was mercantilist in nature. In other words, at the time, England was practising the sort of economics that gets Pat Buchanan all excited.

412 posted on 09/21/2005 11:27:55 AM PDT by 1rudeboy
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