ECB's Panetta: Protectionism threatens to weaken prosperity ...Middle East

Protectionism threatens to weaken prosperity.

All economists agree that free trade is much better for economic growth than protectionism. With free trade you have better efficiency through comparative advantage, access to larger markets, increased competition, lower inflation, more foreign investment and so on.

This article was written by Giuseppe Dellamotta at www.forexlive.com.

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