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Title : With Friends Of Gratis Merchandise Similar Karl Rove, Who Needs Protectionists?
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With Friends Of Gratis Merchandise Similar Karl Rove, Who Needs Protectionists?

 Don Boudreaux missive of the alphabet to the Wall Street Journal:

Karl Rove writes: “The Bush tape shows that if the the U.S. of A. gets a grade playing champaign amongst depression or nix tariffs as well as nontariff obstacles, as well as so American workers, producers as well as service providers tin compete almost anywhere inwards the world” (“What Will Convince Trump on Trade?” Aug. 2).

While I’m all inwards favor of nix obstacles to trade, commentary such equally this from Mr. Rove inadvertently aids as well as comforts protectionists.

First, the murky pregnant of the term “level playing field” ensures that it is used chiefly to cloak special-interest protectionism hither at habitation inwards unwarranted credibility.

Second, fifty-fifty if the “playing field” is indeed tilted, the principle of comparative advantage guarantees that around “American workers, producers as well as service providers tin compete almost anywhere inwards the world” – as well as that other Americans cannot so compete. Hackneyed as well as self-congratulatory assurances such equally the ane offered hither past times Mr. Rove bring the impression that if other countries play fair as well as so no American workers as well as existing firms volition lose jobs as well as marketplace part to imports as well as that all American workers as well as existing firms volition survive able, if they wish, to successfully export. Yet this impression is invalid and, hence, it conveys simulated expectations of the consequences of gratis trade.

As long equally free-trade’s friends proceed to purpose the misleading metaphors as well as linguistic communication of free-trade’s foes, unnecessary obstacles are faced past times those who are working to convince the full general world of the economical as well as ethical superiority of gratis trade.

Sincerely,
Donald J. Boudreaux
Professor of Economics
and
Martha as well as Nelson Getchell Chair for the Study of Free Market Capitalism at the Mercatus Center
George Mason University
Fairfax, VA 22030

The higher upwards originally appeared at Cafe Hayek.

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