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Book Hack
Why Politicians Lie About TradeBy Dmitry Grozoubinski

In a Nutshell

Trade policy and negotiations expert Dmitry Grozoubinski explains the basics of international trade policy and why this topic is often oversimplified in political rhetoric.

Favorite Quote

Any decision on intervening in interstate commerce, including the decision not to intervene at all, benefits some at the expense of others and requires choosing between their competing claims.

Dmitry Grozoubinski

Introduction

Most people don't spend their time worrying about trade policy.

Tariffs, foreign investments, and subsidies for local businesses become hot topics in electoral campaigns because they sound intuitive, but most voters don't understand how they work.

Learning about how international trade affects our lives can help us form opinions based on facts rather than polarizing rhetoric.

Dmitry Grozoubinski is a former Australian trade negotiator who now specializes in writing accessible content on complex trade policy.

In his 2024 book, Why Politicians Lie About Trade, Grozoubinski explains what trade policy is, how it works, and why politicians benefit from making it sound simpler than it is.

Here are the 3 key insights from this Hack

  1. 1.
    Trade policy is a choice between competing interests
  2. 2.
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  3. 3.
    Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nunc volutpat, leo ut.
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