The Free Trade Debate: The Illusion of Security versus Growth

20 Pages Posted: 14 Nov 2012

See all articles by Robert L. Hetzel

Robert L. Hetzel

Federal Reserve Banks - Federal Reserve Bank of Richmond

Date Written: 1994

Abstract

Free trade is now a divisive public issue. Much of the criticism of Nafta derived from the belief that through limiting competition, in this case by protectionism, government can increase the economic security of low-wage workers. Protectionism, however, will not increase economic security but will lower living standards.

Suggested Citation

Hetzel, Robert L., The Free Trade Debate: The Illusion of Security versus Growth (1994). FRB Richmond Economic Quarterly, vol. 80, no. 2, Spring 1994, pp. 39-58, Available at SSRN: https://ssrn.com/abstract=2125402

Robert L. Hetzel (Contact Author)

Federal Reserve Banks - Federal Reserve Bank of Richmond ( email )

P.O. Box 27622
Richmond, VA 23261
United States

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