"We were talking about really getting Europe on its feet. It was our hope that there would be a breakdown of trade barriers in Europe first, and then eventually a breakdown internationally, which would help increase trade with Europe"
- W. Averell Harriman
About this Quote
This quote by W. Averell Harriman talks to the value of free trade and the prospective financial advantages it can bring. He is referring to the idea of breaking down trade barriers in Europe, which would permit increased trade in between countries in the area. This increased trade would assist to stimulate the European economy, permitting it to become more competitive on the worldwide stage. The hope is that, once Europe is on its feet, the exact same process of breaking down trade barriers can be applied to other areas of the world, leading to increased international trade and economic growth. Harriman's quote talks to the importance of open market and the potential economic benefits it can bring.
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