Free trade means destabilisation

Wolfgang Hager

Intereconomics – Review of European Economic Policy (1966 - 1988), 1984, vol. 19, issue 1, 28-31

Abstract: There seems to exist wides pread agreement on the superiority of free trade over other forms of trading systems with protectionism being accepted, at best, as a temporary device for slowing down adjustment processes. As against that, Dr. Hager argues that the markets of industrialised and developing countries can only destabilise each other when linked by an international megamarket. He there fore advacates an alternative trading order involving managed trade.

Keywords: Trade; Policy (search for similar items in EconPapers)
Date: 1984
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:inteco:139898

DOI: 10.1007/BF02928288

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