Use online searches for the
work of David Ricardo, the British economist, philosopher and
investor, who believed that every country, in its own way, had its own
relative or comparative advantage. Something at which it was most
productive. And that it thus could trade that advantage in the world
market.
Every country, even those major nations who
belong to the G-20 group, is guilty of attempting to protect its
own industries with protectionist tariffs. And despite the fancy talk
when the country heads get together, they all are afraid of pure
free trade. To their own detriment. (See the Earl J. Weinreb
NewsHole® comments.)
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