Re:Econ 101 for Presidential Candidates
by fridaa on Monday October 24, 2016 @10:34AM
(#12779118)
I find people often over simplify things like this. Sure, free trade is good. The issues is that we've never had a free trade deal. Our "free trade deals" come with thousands of caveats where we are the partner country agree to all kinds of rules, regulations, etc. I think true free trade would be the best, but failing that I think straight-forward protectionism is better than what we get now with "free trade".
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Re:Econ 101 for Presidential Candidates
by sharemywin on Monday October 24, 2016 @10:45AM
(#12779236)
You can't have trade without some kind of assumptions/rules of the game. Even a simple trade holds assumptions/rules your not going to come and take back your widget after we've traded. that you didn't lie about it. or switch it out at the last minute. As the agreements get more complicated the more rules you need.