Three Arguments for Protection: Economic, Non-Economic and Non-Argument Examples
Malone, Frank Morris
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The title of the paper notwithstanding, the philosophy contained herein is essentially that of a free trader. When writing a paper such as this, however, it seems hard to make a dogmatic statement on the merits of free trade. The assumptions of various articles differ and combining them causes one to lack a theoretically firm argument. The answer seems to be to try to put protectionist arguments in their proper place without detracting from the free trade argument. To do this the paper is divided into four main parts. The first is an initiation into free trade terminology and methodology, which hopefully will serve as an adequate background for the next three sections. The second section is an interpretation of the Stolper-Samuelson argument in a present day context, postulating that it may be a non-economic argument for protection. The third section consists of comments on E. £. Hagen's "An Economic Argument for Protection," which at closer examination loses much of its vigor. The last section is on the gains from trade, and there, almost inevitably, the terms of trade argument for a tariff is discussed.
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