Quote:
Originally Posted by Ducay
Well its not black and white like that.
Bringing jobs and development back into the states can be a net positive, even if it adds $1,000 to the cost of a Focus or Corolla. Same thing with adding a tariff on NAFTA imported vehicles. It could also be a net negative, I can't really say.
In reality is all a complex system of interconnected policies and global economies that is hard to predict the full impact on a global and macro scale.
|
In general, economists have come to a consensus over the last 50 years that free trade is a net positive, accounting for all the factors that you can think of.
Not everyone wins on free trade though, but overall on an aggregate level more people win than lose.