Lectures On Commerce Delivered Before the College of Commece And Administration of the University of Chicago;

The book Lectures On Commerce Delivered Before the College of Commece And Administration of the University of Chicago; was written by author Henry Rand Hatfield Here you can read free online of Lectures On Commerce Delivered Before the College of Commece And Administration of the University of Chicago; book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Lectures On Commerce Delivered Before the College of Commece And Administration of the University of Chicago; a good or bad book?

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This program is generally coupled with some attempt to limit restrictive state intervention and state trading in general.
No doubt can exist that the use of discriminatory methods as well as the power of national governments to determine directly the direction and the composition of foreign trade enables them to make the most of the power potentialities of their external economic relations. Without these methods and this power it would be diffi- cult to enforce many of the policies which we hav...e described in Chapter II as conducive to an increase in power. Frictions also arise very easily out of discriminating treatments and out of the identifi- cation of all private interests with the interests of the state.
But, in the first place, protectionism without discrimination is quite sufficient to increase the existing inequalities of natural and human resources and to create thereby for some nation conditions ' Cf . J. E. Meade, The Economic Basis for a Durable Peace (London, 1940), p. 94.

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