A rehabilitation of effective protection
AbstractThis note argues that the declining interest in the theory of effective protection is not justified, shows how the existence of intermediate goods affects the basic economics of tariffs, gives a simple proof of the symmetry of export subsidies and import duties with intermediate goods, and then applies the theory to analyze a potential route to free trade that could have minimal objections from special interests.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal The Journal of International Trade & Economic Development.
Volume (Year): 17 (2008)
Issue (Month): 3 ()
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