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.
一个贸易大国可以奉行重商主义并寄望于不受反制。如果两个贸易大国都这么做,就会造成僵局。美国最近在对华贸易战中点燃的不靠谱火花,就说明了这个问题。它以国家安全为由,禁止芯片制造商福建晋华(Fujian Jinhua)向美国企业购买技术。
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