April 29, 2010
Trade is win-win. Two people trade only because
each values what he gets more than what he gives up. That's why in
a store both customer and clerk say, "Thank you." And as John
Stossel writes, the same thing is true at the international level,
where trade allows countries to specialize in what they do well and
trade the extra for things they don't make as well. When free trade
is unmolested, Stossel writes, the world is richer and has more
choices.
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