Last week, George Washington University's Young Americans for Liberty chapter hosted an event to discuss the merits of free trade versus trade regulated by tariffs, government sanctions, and other restrictive measures.
GW YAL demonstrated this by setting up two separate piles of candy on a table. One pile, representing free trade, featured different types of chocolate candy that students could purchase using fake currency. The other pile, representing regulated trade, featured a small amount of lollipops. Unlike the regulated trade candies, students could buy more free trade candies for a certain amount of money than they could buy regulated trade candies for the same price.
This activism event served to demonstrate how regulated trade hurts the consumer by giving buyers less choice at a higher price. GW Young Americans for Liberty had a great time creating a dialogue about how trade affects the United States and countries we trade with. We look forward to more trade-related events in the future!