Tariff Reform (Classic Reprint) - Couverture souple

G. C. Tryon

 
9781331568452: Tariff Reform (Classic Reprint)

Synopsis

This book examines a significant shift in British trade policy that occurred in the mid-19th century. Prior to this shift, Britain maintained a policy of protectionism, using tariffs and other measures to safeguard its domestic industries. However, under the influence of the economist Richard Cobden, the country adopted a policy of free trade, eliminating tariffs on imported goods. The author argues that this shift had wide-ranging consequences, both positive and negative. On the one hand, free trade led to increased competition and lower prices for consumers. It also stimulated economic growth in certain sectors, particularly those that relied on imported raw materials. On the other hand, free trade also led to a decline in some domestic industries, as they were unable to compete with cheaper imports. The author also explores the broader historical and intellectual context of the free trade movement, discussing the ideas of Adam Smith and other classical economists. He argues that the adoption of free trade in Britain was part of a larger shift towards economic liberalism and globalization. Ultimately, the book provides a nuanced and thought-provoking analysis of the impact of free trade on British society and economy. It is a valuable resource for anyone interested in the history of economic thought and policy.

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Présentation de l'éditeur

This book was digitized and reprinted from the collections of the University of California Libraries. It was produced from digital images created through the libraries’ mass digitization efforts. The digital images were cleaned and prepared for printing through automated processes. Despite the cleaning process, occasional flaws may still be present that were part of the original work itself, or introduced during digitization. This book and hundreds of thousands of others can be found online in the HathiTrust Digital Library at www.hathitrust.org.

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