Comment
Comment by swatow
I'm a big supporter of free trade, but the article makes some good points. Free trade agreements where companies agree not to impose import tariffs are a simple and good way to encourage free trade. But when it comes to government regulation that might in some sense be regarded as restricting free trade, things are a lot murkier. I wonder why these free trade agreements don't just lower tariffs even further, instead of setting up this sort of agreement. E.g. Australia still has a luxury car tax, which is a barrier to free trade that could easily be removed.