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Effects of Macroeconomic Transmission of Tariffs

  • Søren Bo Nielsen

Abstract

A frequent threat to world economic development is the rise of protectionism in international trade. It is well-known and well-documented that relatively free trade conditions foster economic growth and welfare as compared with an environment with significant barriers to trade, be it in the form of tariffs, quotas or other non-tariff barriers to trade. And as regards the world debt problem, a move away from free trade is likely to hamper the process of solving this problem.

Keywords

Exchange Rate Interest Rate Money Supply Real Income Money Demand 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© H. W. Singer and Soumitra Sharma 1989

Authors and Affiliations

  • Søren Bo Nielsen

There are no affiliations available

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