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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: DavesM who wrote (238367)	3/15/2002 7:16:21 PM
From: craig crawford	Read Replies (1) \| Respond to of 769667

>> I thought that merchantilism is not the same free trade << who suggested it was? you are right, it is quite different. mercantilism was a form of protectionism, not laissez-faire free trade. >> Didn't the British Empire practice merchantilism (not necessarily free trade)? << they did. this mercantilism type protectionism is part of what helped to build the mighty british empire. free trade came much later and helped bring the downfall of the empire. that is the point i have tried to make. great nations are built through protectionism, and they often seem to crumble after adopting a policy of free trade.