Policymakers must be constantly reminded of the benefits of free trade and the costs of protectionism. Free trade is the extension of free markets across political borders. Enlarging markets to integrate more buyers, sellers, investors, and workers enables more refined specialization and economies of scales, which produce more wealth and higher living standards. Protectionism does just the opposite. Congress and the administration should pursue policies that expand the freedom of Americans to participate in the international marketplace.
Trade Policy
5,372 results found
The Canada-U.S. Free Trade Agreement: Now or Never
The Semiconductor Industry and Foreign Competition
The Emergence of the Service Economy: Fact or Artifact?
Our Trade Laws Are a National Disgrace
Stumbling Toward a U.S.-Canada Free Trade Agreement
Foreign Manufacturers in the United States: Should They Be Told to Buy American?
Fiddling While the GATT Burns
What’s Wrong With Trade Sanctions
Dairy Policy and Public Interest: The Economic Legacies
Government Crop Programs: High Cost and Few Gains
What Is the 1985 Farm Problem?
U.S-Japanese Trade: Myths and Realities
Panic in Silicon Valley: The Semiconductor Industry’s Cry for Help
Tedious Fraud: Reagan’s Farm Policy and the Politics of Agricultural Marketing Orders