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Tweet My GMU Econ colleague Bryan Caplan writes insightfully about trade. A slice: Suppose the U.S. Constitution mandated unilateral free trade with no exceptions. Much could go wrong. A pessimist could fairly ask all of the following: What if other countries take advantage of our unilateralism to drastically raise their tariffs? What if other countries strategically predate on our critical industries, leaving us vulnerable in a major crisis? What if hostile countries buy and stockpile strategic resources from us, then […]