Conservative Review
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So What is Free Trade Anyway?
Posted
July 7, 2016
Views
117
Likes
5
Engagement
4.27%
July 7, 2016
117
5
4.27%
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1:31Now Playing• It all comes down to one thing as economist David Ricardo explained: voluntary exchanges of goods and services between countries.
• John Kerry just gave a speech at the Aspen Ideas Festival condemning Brexit and wondering about future trade with Britain.
• The classical economist David Ricardo would have had a lot to say at this conference. He demonstrated that countries can only win by agreeing to specialize and trade with each other. Everybody wins.
• What Kerry doesn't get is that by cutting off trade to one of our longest partners, we only hurt ourselves.
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