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The author argues that a tax on imports commensurately creates a tax on exports, and that trade imbalances reflect capital flows between countries.
This book presents, for the first time, a detailed transcription of Jacob Viner's Economics 301 class as taught in 1930
This book presents, for the first time, a detailed transcription of Jacob Viner's Economics 301 class as taught in 1930
Explains how the idea of free trade has endured against the tide of the criticisms that have been leveled against it from the ancient world and Adam Smith's day. This book allows the reader to put the guises of protectionist thinking into the context of the past and discover why the idea of free trade has so successfully prevailed over time.
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