Do tariffs work?
IFS Zooms In: The Economy
Tariffs and Trade: Historical Perspectives and Modern Impacts
This chapter explores the historical context and evolving debates surrounding tariffs and trade, drawing connections between past and present practices. It examines the implications of tariffs on consumers and producers, the interconnectivity of global trade, and the challenges faced by developing nations. The discussion also highlights the tensions within the World Trade Organization and the potential shifts in trade relationships as tariffs continue to reshape international economic dynamics.
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