When this book was published in 1934, Britain had been a
protectionist country for three years. The Import Duties Act and
the Ottawa Agreements were based upon four main principles - the
use of the tariff as an instrument of revenue, its use as a
bargaining weapon, its use as a means of protecting domestic
manufacturers, and its use as a means of fostering trade within the
British Empire. This book is a valuable analysis of the years of
protectionism, measuring the effects on the country's trade and
economy.
General
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