Tagged: free trade

free trade

Free Trade Is What Makes America Great

In the context of trade, “free” means without tariffs, quotas or other restrictions impeding it between international states. Comparative advantage is having the ability to produce something at a lower price. Alan Blinder writes how it benefits consumers and producers, and how protectionism at best swaps jobs in industries while...


Elizabeth Warren Is Either Wrong or Inconsistent on TPP

  The Trans-Pacific Partnership (TPP) is a digital-copyrights, environment, human-rights, labor and trade agreement among the United States, Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam. The TPP countries represent a third of our top 15 export markets. For example, Singapore consumes nearly as much...