[[{“value”:”Alec Stapp points out that Canada is the only NATO country that has a free trade agreement with the United States. That’s quite remarkable if you think about it. NATO allies are bound by mutual defense commitments, support for military cooperation, and a dedication to democratic principles. Despite these shared commitments, the U.S. still enforces
The post Free Trade with Free Nations appeared first on Marginal REVOLUTION.”}]]
Alec Stapp points out that Canada is the only NATO country that has a free trade agreement with the United States. That’s quite remarkable if you think about it. NATO allies are bound by mutual defense commitments, support for military cooperation, and a dedication to democratic principles. Despite these shared commitments, the U.S. still enforces tariffs and quotas on our NATO allies including France, Germany, the UK, Denmark, Portugal, and Spain. This is like getting married and not having a joint checking account. If they are good enough partners to commit to their defense then surely NATO allies are good enough partners to commit to free trade?
Free trade enhances the economic strength of countries, thus free trade should be a strategic asset in self-defense. Let’s be rich and safe together.
There are many reasons to have free trade agreements with countries that we don’t have a defense pact with but free trade with free nations should be a minimum standard. It’s not just the United States, of course, NATO allies don’t all have free trade agreements with fellow NATO members. So how about a North-Atlantic Trade Organization? You could call it NATO for short.
The post Free Trade with Free Nations appeared first on Marginal REVOLUTION.
Economics, Political Science
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