Re: protectionism

From: Dehede011@aol.com
Date: Sun Aug 10 2003 - 05:21:41 MDT

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    In a message dated 8/9/2003 10:46:47 PM Central Standard Time,
    damienb@unimelb.edu.au writes: Oddly enough, this is pretty much the way many Aussie
    exporters (especially of meat and grain) feel about the US, I understand; many goods
    are either locked out or subject to absurd tariffs. Meanwhile, we hear
    preachments about the global economy from these alleged freemarketers.

    Damien,
           When I was a boy there was an old saying I used to hear now and again.
     It was "two wrongs don't make a right."
           I was not defending the Aussie record on free trade nor the American
    one. I was asking how can we call it free trade when it is not free on both
    sides.
           As an American I look at our imbalance in trade and find that the
    countries selling to us don't allow us to sell in their countries. Then I hear
    our economists defend what is going on in the name of free trade. So I ask,
    what free trade?
           As to the specific example you gave on meat and grain. I don't know
    the facts of my own knowledge but I do know this: we have about 270 or 280
    million people in this country. I am sure we can find some that are just as
    venial as any you have in other countries.
           But my frustration is not with foreigners. My frustration is that I
    have never heard and American economist address the issue of free trade with
    massive restrictions head on.
    Ron h



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