Trade agreements are a politically feasible 'second best' to pure free trade because unilateral barrier elimination has no chance of passing politically, so even bureaucratic deals that move toward freer trade are better than nothing.

normativepending

Speaker

Russ Roberts

Evidence Quote

even though it's not as good as pure free trade it's it's better than nothing

Source

Mike Munger on Fair Trade and Free Trade 12/3/2007EconTalk
Created: 6/17/2026, 10:31:24 AM

My Notes

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