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Free trade and tariffs—an uneasy mix

Paul Gomme ()

Economic Commentary, 2002, issue Sep

Abstract: When U.S. steel corporations began declaring bankruptcy and laying off thousands of workers, tariffs on foreign steel seemed a reasonable way of preventing further damage to the industry. But why do most economists favor free trade?

Keywords: Free trade; Tariff (search for similar items in EconPapers)
Date: 2002
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Handle: RePEc:fip:fedcec:y:2002:i:sep1