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
5,554 results found
Tax Bytes: A Primer on the Taxation of Electronic Commerce
Milking the Public
Bringing Economic Sanity to Agricultural Trade
Milking the Sacred Cow: A Case for Eliminating the Federal Dairy Program
U.S. Protectionism Stymies Efforts to Expand World Trade
WTO Bashers Would Slam The Door On The World’s Poor
Economic Reform in China: Problems and Prospects
China’s Coming Battle with Congress
Seattle and Beyond: The Future of the WTO
Two Sides to China’s WTO Membership
Anti-Dumping Law Is Discriminatory
Seattle and Beyond: A WTO Agenda for the New Millennium
A New Financial Architecture for China
Minimum Wage Myth