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re: Protectionism vs. Free Trade

Posted on 1/6/17 at 12:53 am to
Posted by TerryDawg03
The Deep South
Member since Dec 2012
16496 posts
Posted on 1/6/17 at 12:53 am to
quote:

VAT increases price. Most goods are elastic therefore quantity demanded is reduced at higher prices. When fewer units are purchased, US businesses suffer.


It's worth repeating since I can only upvote this once.
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