Retaliatory Tariffs

Retaliatory Tariffs While people Would agree that a world of free trade would be the best’ of all possible worlds. they note that this is not the world we live in. They reason. “As·long as other countries impose import restrictions or otherwise...

Unsound Grounds for Tariffs

Unsound Grounds for Tariffs Mercantilism. To Abraham Lincoln has been attributed the remark. MI don’t know much about the tariff.I know that when I buy a coat from England, I have the coat and England has tile money. But when I buy a coat in America. I have the...

Noneconomic Goals

Noneconomic Goals If you are ever on a debating team given the assignment of defending free trade. you will strengthen your case at the beginning by conceding that there is more to life than economic welfare. A nation should not sacrifice its liberty. culture, and...