What's Wrong with Protectionism: Answering Common Objections to Free Trade
Autor Pierre Lemieuxen Limba Engleză Paperback – 27 aug 2018
But Americans should resist the siren calls of protectionism. In this highly relevant protectionism primer, Pierre Lemieux shows what can happen if they don't.
As the author demonstrates, trade between any two countries is fair for the same reasons as exchange between two individuals: it is to the benefit of both. Lemieux carefully refutes the arguments of those who would curtail Americans' access to the benefits of international commerce-from the claim that we can boost economic growth by reducing imports to the belief that free trade leads to "shipping jobs overseas."
Yes, manufacturing jobs are declining in this country and have been since the 1950s. But, as Lemieux points out, that's in large part because Americans are making more advanced products more efficiently-that's our comparative advantage. And this is happening as less-developed countries are producing more labor-intensive, low-tech goods-that's their comparative advantage. All parties to a trade benefit.
Lemieux shows how free trade improves the lives of American consumers, especially the poor. The narrow agenda of the protectionists-to protect a small minority of producers at the expense of millions of their fellow Americans-is the wrong path for an increasingly diverse and complex economy. This concise primer shows you why.
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Specificații
ISBN-13: 9781538122129
ISBN-10: 153812212X
Pagini: 142
Dimensiuni: 133 x 203 x 12 mm
Greutate: 0.21 kg
Editura: Bloomsbury Publishing
Colecția Rowman & Littlefield
Locul publicării:New York, United States
ISBN-10: 153812212X
Pagini: 142
Dimensiuni: 133 x 203 x 12 mm
Greutate: 0.21 kg
Editura: Bloomsbury Publishing
Colecția Rowman & Littlefield
Locul publicării:New York, United States
Recenzii
"President Donald Trump insists that the United States is getting 'ripped off' by other countries in trade. In this succinct book, Pierre Lemieux provides a great primer on the basics of trade and addresses all the complaints that have become part of the national conversation."