Save us from Protection

Friday, February 06, 2009 

By Fredrik Erixon & Razeen Sally

Razeen Sally (L) and Fredrik Erixon (R)There seems to be widespread understanding that tariff barriers would deepen the current recession, as they did in the 30s, but there are many non-tariff forms of protectionism that would be just as bad – President Obama only backed down yesterday from his "Buy America" plan.  These well-published authors explain why free trade is the only thing that can save us, rich countries and poor countries, as it has done before.

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