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May 3, 2005

So This Is Free Trade




According to today’s Wall Street Journal, the proposed Central American Free Trade Agreement (CAFTA) would not open up the U.S. sugar market, which has long been laden with protectionist quotas, forcing U.S. residents to pay more than the rest of the world. The Journal also reports that Central American clothing makers would have to use American, not the cheaper Asian, textiles if they wish to sell here freely. That’s what passes for free trade today.


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