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One of the excuses for levying protective tariffs is to protect emerging domestic industries. However, this kind of protectionism, contrary to popular opinion, leaves an economy worse off every time.
Original article: Protecting infant industries doesn’t help the economy
By Mises Institute4.7
9393 ratings
One of the excuses for levying protective tariffs is to protect emerging domestic industries. However, this kind of protectionism, contrary to popular opinion, leaves an economy worse off every time.
Original article: Protecting infant industries doesn’t help the economy

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