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7 years, 5 months ago
a lot of foreign investment is what is known as 'brownfield investment'
[...] Britain adopted free trade only in the 1860s, when its industrial dominance was absolute. In the same way in which the US was the most protectionist country in the world during most of its phase of ascendancy (from the 1830s to the 1940s), Britain was one of the world's most protectionist cou…