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Optimal Tariffs and Trade Policy Formation: U.S. Evidence from the Smoot-Hawley Era

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NBER2021-08-01 更新2025-01-04 收录
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This paper examines the political economy of U.S. trade policy around the time of the Smoot-Hawley tariff of 1930, a period when policy was unconstrained by trade agreements. We consider a model of politically-optimal trade policy for a large country that can influence its terms of trade and where

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2021-08-01
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