The Cost of Freer Trade

The Cost of Freer TradeBefore Sept. 11, 2001, Canada and the United States liked to brag that the line on the map between them denoted the longest undefended border in the world. Since exporters could cross that border in the blink of an eye and the Canadian dollar’s value was low, Canada was able to woo foreign investors by promising them a combination of relatively cheap production costs and unrestricted access to lucrative U.S….

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Debate Free Trade vs Fair Trade at The Economist

Debate Free Trade vs Fair Trade at The EconomistFair trade must be threatening someone’s bottom line. Starting today, The Economist is hosting an online debate. The proposition: “This house believes that making trade fairer is more important than making it freer.” Two economists, one for and one against present their positions. You can vote or comment after completing a free registration. Read my own comments below. “Free trade” is a rhetorical term that means whatever you want. Bearing…

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