Tue 14 Aug 2007
RealClearPolitics - Articles - Free Trade: Past vs. Future Interests
Protectionism - the real threat to growth, stability
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August 14th, 2007 at 11:26 pm
Protectionism, at heart, is anti-poor. The less one has, the less one can afford to pay more than the going market-clearing price.
Protectionism is anti-poor in “protecting” countries, and even more anti-poor in countries suffering from other’s protectionism.