12min chapter

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The Industrialization Playbook

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CHAPTER

Tariffs and Industrial Evolution

This chapter explores the historical significance of tariffs and industrial policy, particularly in the context of U.S.-Canada trade tensions. It analyzes how protective measures have historically supported industrialization, the transition towards free trade, and the impact on economies like Britain and India. The discussion also critiques the interplay between economic theories and political resistance, emphasizing the complexities of trade and industrial development.

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