For example, protecting domestic sugar producers hampers the export of American candy bars. U.S. protectionism also encourages other countries to raise barriers against U.S. goods. That a policy of unilateral free trade can lead to prosperity can be clearly seen from the example of Hong Kong. Indeed, Hong Kong has one of the most accessible markets in the world. As a result of this libertarian policy, the city enjoys one of the highest standards of living in Asia, rising wages, a buoyant capital market, and a rapidly growing economy.
Free trade is good for consumers, business, and American workers.
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