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Not a Zero-Sum Game - Ludwig von Mises Institute

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NOT A ZERO-SUM GAME<br />

Free trade means the ability of producers to exchange their wares<br />

with anyone on the globe for other goods without some govern-<br />

ment standing in the way of some of those exchanges due to the<br />

country of origin of the goods involved. It requires no more laws<br />

or institutions than are necessary to provide standard protection of<br />

the property rights of all involved in the exchange. It is the appli-<br />

cation of laissez faire across international borders: nothing more,<br />

nothing less.<br />

Multivolume documents paying lip service to free trade but for-<br />

bidding transactions by parties whose competitive advantages are<br />

considered by some to be unfair are the antithesis of free trade no<br />

matter how many times the words free trade appear in their pages.<br />

That managed trade proponents hide the nature of their policy pref-<br />

erences under the cloak of free trade reveals their utter shameless-<br />

ness. It also suggests that the free trade side is winning the battle<br />

of ideas.

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