https://www.lewrockwell.com/2018/07/laurence-m-vance/trade-myths-die-hard/
I received several comments and questions regarding trade after the publication of my recent article, “Stupid Countries Restrict Trade.” Here is a summary of some questions that a few people had:
What should the government of the United States do if other countries impose tariffs on U.S. goods exported to their countries?
What should the government of the United States do if a country subsidizes its exports to the United States?
What should the government of the United States do if it had no tariffs on foreign imports but other countries imposed tariffs on U.S. exports?
Trade myths die hard. Here are three of them I want to refute based on the comments and questions I recently received. Read the rest of this entry »
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