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This book examines a significant shift in British trade policy that occurred in the mid-19th century. Prior to this shift, Britain maintained a policy of protectionism, using tariffs and other measures to safeguard its domestic industries. However, under the influence of the economist Richard Cobden, the country adopted a policy of free trade, eliminating tariffs on imported goods. The author argues that this shift had wide-ranging consequences, both positive and negative. On the one hand, free trade led to increased competition and lower prices for consumers. It also stimulated economic growth in certain sectors, particularly those that relied on imported raw materials. On the other hand, free trade also led to a decline in some domestic industries, as they were unable to compete with cheaper imports. The author also explores the broader historical and intellectual context of the free trade movement, discussing the ideas of Adam Smith and other classical economists. He argues that the adoption of free trade in Britain was part of a larger shift towards economic liberalism and globalization. Ultimately, the book provides a nuanced and thought-provoking analysis of the impact of free trade on British society and economy. It is a valuable resource for anyone interested in the history of economic thought and policy.
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Tariff Reform (Classic Reprint)
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Paperback. Zustand: New. Print on Demand. This book examines a significant shift in British trade policy that occurred in the mid-19th century. Prior to this shift, Britain maintained a policy of protectionism, using tariffs and other measures to safeguard its domestic industries. However, under the influence of the economist Richard Cobden, the country adopted a policy of free trade, eliminating tariffs on imported goods. The author argues that this shift had wide-ranging consequences, both positive and negative. On the one hand, free trade led to increased competition and lower prices for consumers. It also stimulated economic growth in certain sectors, particularly those that relied on imported raw materials. On the other hand, free trade also led to a decline in some domestic industries, as they were unable to compete with cheaper imports. The author also explores the broader historical and intellectual context of the free trade movement, discussing the ideas of Adam Smith and other classical economists. He argues that the adoption of free trade in Britain was part of a larger shift towards economic liberalism and globalization. Ultimately, the book provides a nuanced and thought-provoking analysis of the impact of free trade on British society and economy. It is a valuable resource for anyone interested in the history of economic thought and policy. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Bestandsnummer des Verkäufers 9781331568452_0
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