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by BobbyJo 76 days ago
> However I’d note that the economic theory of comparative advantage says the rational move is countries and states and cities specialize in what they have a comparative advantage in and by doing so the entire system becomes optimal.

The basis of trade barriers of any kind is necessarily against an optimal global economy. I get that. Its the default free trade argument. It's a bit of a spherical-cow argument however, as the moment a country implements any kind of market regulation, free trade becomes arbitration around those regulations. So, unless the entire world becomes libertarian, that argument doesn't hold water.