Protection for Infant Industries Outgrown
Protection for Infant Industries Outgrown
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In our eReader you can find the full English version of the book. Read Protection for Infant Industries Outgrown Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Protection for Infant Industries Outgrown
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There are those who believe that the discussion of the tariff is no longer vital : the tariff has built up American industries, they say, so why not let it stay ? Such people cannot understand the mutual benefits of international trade, and they do not see that our exports must always be dependent on our imports. They do not see that what we trade for is not the money of other countries, but the goods which they can make cheaper than we can. They do not seem to realize that tariffs on our part ...will lead to counter-tariffs from countries whose custom we have begun to find valuable to our industries, and they forget that by limiting the field of production to one country they increase the tendency to fluctuations in prices, with its conse- quent overproduction, followed by panics and failures ; and, finally, they fail to realize that the tariff is a tax on the whole body of the people for the benefit of the manufacturers in the protected indus- tries.
If this were all, it would be clear that the object for which a pro- tective tariff had been originated had been attained, and that its continuation was undesirable.
What to read after Protection for Infant Industries Outgrown?
You can find similar books in the "Read Also" column, or choose other free books by Arthur Scott Gilman to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
There are those who believe that the discussion of the tariff is no longer vital : the tariff has built up American industries, they say, so why not let it stay ? Such people cannot understand the mutual benefits of international trade, and they do not see that our exports must always be dependent on our imports. They do not see that what we trade for is not the money of other countries, but the goods which they can make cheaper than we can. They do not seem to realize that tariffs on our part ...will lead to counter-tariffs from countries whose custom we have begun to find valuable to our industries, and they forget that by limiting the field of production to one country they increase the tendency to fluctuations in prices, with its conse- quent overproduction, followed by panics and failures ; and, finally, they fail to realize that the tariff is a tax on the whole body of the people for the benefit of the manufacturers in the protected indus- tries.
If this were all, it would be clear that the object for which a pro- tective tariff had been originated had been attained, and that its continuation was undesirable.
What to read after Protection for Infant Industries Outgrown?
You can find similar books in the "Read Also" column, or choose other free books by Arthur Scott Gilman to read onlineMoreLess
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