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My belief in the economic liberal model has been affected by the global economic crisis is that I am not completely in favor of free
My belief in the economic liberal model has been affected by the global economic crisis is that I am not completely in favor of free trade. I believe that it is sometimes necessary to enact protectionist policy's, such as high tariffs. If you want to protect workers from lower wages and having their jobs outsourced or corporations from unfair foreign competition then it will be necessary to enact high tariffs. The economic crises has also led me to believe in the need for some other economic nationalist ideas to be implemented. I believe that the only way for a state to promote economic benefits for themselves is to stop promoting the economies of other nations through things like free trade and lack of import quotas. For example if we wanted to prevent China from becoming an economic powerhouse we could promote tariffs on them and we could place more trade restrictions on them. States ought make sure that they are getting the best deal they can out of trade. They ought to make sure that they are not being sold out to other states in any trade deal that they make
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