Objection: Americans cannot compete against low-cost foreign producers -- Essay 1: comparative advantage and supply chains -- Objection: free trade harms the United States -- Essay 2: imports are not a deduction from GDP -- Objection: the trade deficit is bad -- Essay 3: the bal…
Lemieux shows how free trade improves the lives of American consumers, especially the poor. The narrow agenda of the protectionists-to protect a small minority of producers at the expense of millions of their fellow Americans-is the wrong path for an increasingly diverse and com…
"Putting tariffs on imported goods or setting other barriers to international trade can be tempting for politicians. They assume that many of their constituents believe that free trade is not fair trade and that other countries aren't playing by the rules. This belief makes it e…
