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Message
re: Protectionism is not the answer
Posted on 2/24/17 at 11:44 am to GurleyGirl
Posted on 2/24/17 at 11:44 am to GurleyGirl
quote:
When trade is one sided and you simply accept an out of balance situation
What does that mean?
You want to count dollars between countries??
Does that mean we have put tariffs on some country like Columbia because we buy so much coffee from them but their economy is too small to offset those purchases with purchases from us???
That would be stupid wouldn't it?
1
Posted on 2/24/17 at 11:51 am to I B Freeman
quote:
Does that mean we have put tariffs on some country like Columbia because we buy so much coffee from them but their economy is too small to offset those purchases with purchases from us???
Of course not. Everyone understands that there are greater and lesser economies among the various nations of the world. However, the economic policies of said countries should support free trade allowing fair competition/exchange of goods and services between nations.
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