"The word ’protection’ is no longer
taboo (禁忌语)" This short sentence, uttered by French President Nicolas Sarkozy
late last month, may have launched a new era in economic history. Why For
decades, Western leaders have believed that lowering trade barriers and tariffs
was a natural good. Doing so, they reasoned, would lead to greater economic
efficiency and productivity, which in turn would improve human welfare.
Championing free trade thus became a moral, not just an economic,
cause. These leaders, of course, weren’t acting out of unselfishness. They knew their economies were the most competitive, so they’d profit most from liberalization. And developing countries feared that their economies would be swamped by superior Western productivity. Today, however, the tables have turned—though few acknowledge it. The West continues to preach free trade, but p A. improving economic efficiency B. ending the free-trade practice C. lowering moral standard D. raising trade tariffs 更多"'The word ’protection’ is no longer"的相关试题:我来回答: 提交
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