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>Actually, the opposite is true: https://www.aeaweb.org/articles?id=10.1257/aer.91.4.877*

The "opposite is true" or the opposite has been argued by papers and gets grants because it fits some dominant ideological models and interests?

Because tariffs have been tried in the past for centuries, including by the US, and have helped in creating a stable internal economy, and the resulting meteoric rise.

Not to mention that politics and global power does not begin and end with what makes more profit or produces cheaper goods.




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