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COMMENT: Protectionism – what is it good for?

BY OLIVER DIXON. A protected, domesticated automotive industry demands a protected and domesticated supply chain. This is fine if we are starting from year zero, but we are not

“Protectionism works when it’s done by a country with a committed leader and economic sovereignty - it’s good for industry and it’s good for employment.”

Thus opines Marine Le Pen, President of France’s Front National with regard to Ford Motor Co.'s decision to shift investment from Mexico to the US. This decision, while perhaps predictable within the current climate, is striking on a number of levels and

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