Cover: Tariffs and Economic Development: A Comment.

Tariffs and Economic Development: A Comment.

Published 1966

by Leland Johnson

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Discussion of the effects of technical change in protected industry. The author finds that, while technical change may provide opportunities for new kinds of commodity substitutions that may affect a country adversely at first, continuing technical improvement will offset this--especially after domestic costs of previous imports are reduced and domestic prices fall below the previously protected level. 7 pp.

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