Message from @Mr.Fisch(炫龙)

Discord ID: 701054526182129757


2020-04-18 12:56:51 UTC  

That's it

2020-04-18 12:56:57 UTC  

Only because you reach some lower tariffs doesn't make it free trade

2020-04-18 12:57:04 UTC  

Yes it's freer than before

2020-04-18 12:57:09 UTC  

But it's not free trade

2020-04-18 12:57:42 UTC  

So you're only willing to call it free trade if literally everything has no tariffs applied to it

2020-04-18 12:57:44 UTC  

And the EU is the worst example with it's mercantilist policies

2020-04-18 12:57:51 UTC  

Because that's a ridiculous threshhold

2020-04-18 12:57:52 UTC  

> So you're only willing to call it free trade if literally everything has no tariffs applied to it
@Mr. Nessel
Yes

2020-04-18 12:58:09 UTC  

The EU has very few protectionist measures at this point

2020-04-18 12:58:15 UTC  

Hahahhaha

2020-04-18 12:58:20 UTC  

And they pretty much all relate to agriculture

2020-04-18 12:58:24 UTC  

Read some EU regulations

2020-04-18 12:58:30 UTC  

Then we talk again

2020-04-18 12:58:36 UTC  

Regulations are not tariffs

2020-04-18 12:58:48 UTC  

They are non tariff barriers

2020-04-18 12:59:11 UTC  

They implicitly higher the costs of not complying products

2020-04-18 12:59:35 UTC  

That's still not a negation of free trade

2020-04-18 12:59:36 UTC  

That's btw also, what is in the GATT and WTO terms

2020-04-18 12:59:48 UTC  

Nobody is forcing China to produce low quality garbage

2020-04-18 12:59:54 UTC  

But what noone seems to actually care about

2020-04-18 13:00:24 UTC  

Yes, because there is a demand for low quality garbage

2020-04-18 13:00:29 UTC  

Not everyone is rich

2020-04-18 13:01:05 UTC  

No wonder considering free trade is a thing

2020-04-18 13:01:45 UTC  

> And they pretty much all relate to agriculture
@Mr. Nessel
And now guess where all the comparative adventages of most developing countries are

2020-04-18 13:01:49 UTC  

Hahahhaha

2020-04-18 13:02:12 UTC  

Let's fuck Africa and the middle East in the ass

2020-04-18 13:02:26 UTC  

Comparative advantage isn't a thing outside the primary sector

2020-04-18 13:02:29 UTC  

And yes

2020-04-18 13:02:30 UTC  

Oh yeah, it's just protection fkr our farmers

2020-04-18 13:02:39 UTC  

> Comparative advantage isn't a thing outside the primary sector
@Mr. Nessel
Bullshit

2020-04-18 13:02:59 UTC  

I don't even like tariffs on primary sector stuff for that reason

2020-04-18 13:03:25 UTC  

Tell me why a factory in China has a comparative advantage to just being in Germany

2020-04-18 13:03:33 UTC  

Labour costs are variable

2020-04-18 13:03:37 UTC  

As is tech

2020-04-18 13:03:49 UTC  

It has to be magic soil making the factory work better

2020-04-18 13:03:50 UTC  

> Tell me why a factory in China has a comparative advantage to just being in Germany
@Mr. Nessel
I don't understand the question

2020-04-18 13:04:17 UTC  

Do you understand comparative advantages?

2020-04-18 13:04:22 UTC  

Yes

2020-04-18 13:04:33 UTC  

The Ricardian Axiom of association?

2020-04-18 13:04:53 UTC  

I know of Ricardo's version of the model

2020-04-18 13:05:09 UTC  

I'm talking of the Misesian interpretation