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On the political economy of trade restraints

Author

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  • Jerry L. Jordan

Abstract

A defense of free trade resting on the argument that although private markets do not function perfectly, allocating resources through the political arena poses a far greater threat to individual freedom and economic performance than do market imperfections.

Suggested Citation

  • Jerry L. Jordan, 1993. "On the political economy of trade restraints," Economic Commentary, Federal Reserve Bank of Cleveland, issue Apr.
    • Handle: RePEc:fip:fedcec:y:1993:i:apr15
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    Keywords

    Free trade;

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