Trade, Domestic Distortions and Subsidies
Literature on non-tariff distortions of international competition has burgeoned and encompassed the study of both explicit trade policy instruments and trade-influencing instruments of domestic policy. The study reported on in these pages was limited to the latter category and, specifically, to the potential effects on trade of public subsidies to private enterprise in the manufacturing industry of the United Kingdom.
KeywordsEurope Petroleum Income Marketing Expense
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