There are many people out there, especially conservatives, who view themselves as supporters of the free-market. However, many of these people also favor protectionism. In other words, they favor tariffs and import quotas placed on imports to benefit the economy. … Read More
Tag: Mercantilism
Many Americans today, especially Republicans, hold the view that it is better to buy goods that are made in America. As a result, they support tariffs on imported goods, so that consumers are encouraged to “buy American.” Somehow they think … Read More