Comment: I don't dispute that

(See in situ)

In reply to comment: ...Oh, and you misinterpret (see in situ)

I don't dispute that

Again, as I stated twice before, I recognize that free trade maximizes wealth for ALL (in net).

But in the absence of fixed capital (and fixed labor), free trade will NOT benefit NATIONS with high labor costs. Free trade will drive their wages down as capital is redeployed to lower cost countries. In net, this will maximize worldwide wealth, but it will not benefit the high wage nation.

See: USA since NAFTA

Both Mises and Rothbard concede this by arguing only that it is inevitable.

The point is that pro "free trade" arguments are usually half-baked or downright incorrect. Anyone making a free trade argument should take note of the underlying assumptions of Comparative Advantage and be prepared to answer for them.

Here's a perspective from the LVM Institute...