Thursday, June 28, 2007
Interesting article here on protectionism. Something to think about. I think it is worthwhile to consider how local economies might benefit from such policies. So many countries these days struggle with unemployment due to not having infrastructure and trained labor to compete globally. A trade of inefficient production for increased (and more varied) employment might very well be a good idea. In any event, probably the US and other big players probably should not be bullying against some of the milder tarrifs.
Posted by Gary at 12:37 PM