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100 sats \ 1 reply \ @Undisciplined 19 Jul \ parent \ on: [podcast] Scott Lincicome: How much will you pay to 'buy American'? (reason) econ
Great articulation. I have no issues with any of that.
I'm skeptical that these other nations will advance very far in reducing their bilateral trade barriers, though. Trade reinforces comparative advantages, which destroys some domestic industries, and these countries have their current barriers specifically to protect those industries.
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42 sats \ 0 replies \ @optimism OP 19 Jul
I'm skeptical that these other nations will advance very far
India, if they focus. UK, if they are finally ready to deliver on that Brexit promise. EU seems lost.
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