rhodescholar
Gold Member
- Banned
- #41
They lead Europe, if not the world, in trade protectionism.
Trade protectionism is and has been a necessary element of American development. For instance, it's common to refer to the utilization of state protection to facilitate the appropriate development of infant industries, thus maximizing dynamic comparative advantage.
You're kidding right? Ask the African farmers who is the FIRST country on earth to always maintain state subsidies to keep food prices low, destroying the ability of African farmers to sell their product in Europe? FRANCE.
France has one of the most closed economies anywhere, and that includes China.