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Tag Archives: Foreign Competition
First Principles: Tariffs Tend To Increase Prices For the Items Being Protected
“Measures which serve to abridge the free competition of foreign Articles, have a tendency to occasion an enhancement of prices.” – Alexander Hamilton (1791) While the purposes behind the tariffs might be well intended. The outcome is not very likely … Continue reading
Posted in First Principles
Tagged Alexander Hamilton, First Principles, Foreign Competition, Free Market, Free Trade, Measures, Price, Tariff
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