Creating medicine is a complex and expensive business. While U.S. biopharmaceutical companies lead the world in drug development, international trade practices can stem the flow of innovation to new markets, depriving patients in need. Limited market penetration also means fewer resources to re-invest in the most successful engine for life-saving advancements on […]
Tag: trade barriers
It’s not just USMCA: Canada needs to tackle internal trade barriers, too
“Provincial Trade Barriers Shoot Canadians in the Foot” By Fergus Hodgson, courtesy Frontier Centre If there is one finding of near unanimous consensus among economists, it is that free trade increases productivity and boosts growth. The flip side is that tariffs, quotas, and other trade barriers generally reduce welfare. By how much? […]