[central_va]

The rest of the world practices protectionism. The rest of the world charges really high import tariff on our exports, the rest of the world operates with a trade surplus. So there must be something good about import tariffs.

Adam Smith, the trade God, never envisioned multi national corporations closing factories in England and moving production to the third world to exploit cheap labor and then re importing the same product back into England duty free! Smith would have been hung for that. That is not Free Trade. That is f--k trade.

[Mr Ramsbotham]

Adam Smith, the trade God, never envisioned multi national corporations closing factories in England and moving production to the third world to exploit cheap labor and then re importing the same product back into England duty free!

No, but Milton Friedman did.