"Some say imports are bad for the economy. But consider one implication of that belief. It would mean that during war you'd want to ship your enemy as many goods as possible. After all, the imports would hurt his economy, right?
Obviously the exact opposite is true. A nation at war wants to block its enemy's trade precisely because trade is beneficial.
Thus protectionists, in the words of one economist, "want to do to their own country during peacetime what the country's enemies would wish to do to it during wartime--that is, close its borders to imports."
Koko artikkeli, kannattaa lukea: http://capmag.com/article.asp?ID=3562
Obviously the exact opposite is true. A nation at war wants to block its enemy's trade precisely because trade is beneficial.
Thus protectionists, in the words of one economist, "want to do to their own country during peacetime what the country's enemies would wish to do to it during wartime--that is, close its borders to imports."
Koko artikkeli, kannattaa lukea: http://capmag.com/article.asp?ID=3562
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