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A comment on House passes bill to force TikTok sale from Chinese owner or ban the app. Parent comment

Re:House passes bill to force TikTok sale from Chinese owner... by TulliusCicero on Wednesday March 13, 2024 @11:35AM (#39692630)
The point is that they get to access the Western market with their dancing video app, but Westerners aren't allowed to access their market with the apps they make. That gives those Chinese companies an unfair advantage in potential market reach.
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Re:House passes bill to force TikTok sale from Chinese owner... by contrarian1234 on Wednesday March 13, 2024 @11:39AM (#39692711)
And it turns out that that's irrelevant in terms of net benefit to the citizen of a country

https://en.wikipedia.org/wiki/Comparative_advantage

Resources are reallocated elsewhere

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Re:House passes bill to force TikTok sale from Chinese owner... by zone411 on Wednesday March 13, 2024 @12:44PM (#39693848)
A simplistic economic model that overlooks hundreds of important factors may provide a basic Econ 101 understanding but it does not reflect how the world truly operates and proves nothing.
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Re:House passes bill to force TikTok sale from Chinese owner... by contrarian1234 on Wednesday March 13, 2024 @12:49PM (#39693926)
Sure it's a simple model. But the burden of proof lies with the person claiming that free trade needs to be bilateral. That's not some inherent property of it, or something immediately obvious. A basic look at it past "It's not faaiiiiiir" actually shows quite the opposite
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