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Article
International Trade, Factor Market Distortions And The Optimal Dynamic Subsidy
Economic Staff Paper Series
  • Harvey E. Lapan
Document Type
Report
Publication Date
6-1-1976
Number
001
Abstract

International trade theorists have long favored free trade, arguing that the only proper basis for a tariff is in response to some monopoly power in international trade. Pragmatic politicians, on the other hand, wary of the wrath of their constituents, have often resorted to the use of tariffs, arguing that the protection afforded by tariffs was necessary to prevent unemployment...

Published As

This paper was published in The American Economic Review 66 (1976): 335–346.

Citation Information
Harvey E. Lapan. "International Trade, Factor Market Distortions And The Optimal Dynamic Subsidy" (1976)
Available at: http://works.bepress.com/harvey-lapan/11/