One great trading nation can pursue mercantilism and hope to get away with it. When two do so, deadlock results. The problem is illustrated by the latest unreliable firework ignited by the US in its trade war with China. It has banned chipmaker Fujian Jinhua from buying technology from US companies on national security grounds.
一個貿易大國可以奉行重商主義并寄望于不受反制。如果兩個貿易大國都這么做,就會造成僵局。美國最近在對華貿易戰中點燃的不靠譜火花,就說明了這個問題。它以國家安全為由,禁止芯片制造商福建晉華(Fujian Jinhua)向美國企業購買技術。
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