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| Author: | Culbertson, J. M. |
| Title: | The folly of free trade. |
| Journal: | Harvard Business Review
1986 : SEP-OCT, VOL. 64:5, p. 122-128 |
| Index terms: | FREE TRADE TRADE POLICY USA COMPETITION |
| Language: | eng |
| Abstract: | In touting free trade with other nations, the United States has not only invited its own economic destruction but also misled other countries in their expectations from international trade. It is time to reject this unrealistic doctrine. Mutually beneficial and balanced international trade is the only trade policy that makes sense. The permanent system of balanced trade should be based on inherent value of the United States. Import limitations program must be treated as a set of serious business contracts between nations - and not as a threater for acts of political symbolism. |
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