Re:New US Tariffs are Anti-Maker and Will Encourage Offshoring
by cobbzilla on Tuesday June 19, 2018 @01:16PM
(#17348466)
This idea is often formally referred to as the "Law of Comparative Advantage", and most economists do believe it provides a logical defense of free trade. That said, there are some interesting criticisms of it [1].
[1] https://en.wikipedia.org/wiki/Comparative_advantage#Criticis...