The author argues that a tax on imports commensurately creates a tax on exports, and that trade imbalances reflect capital flows between countries.
Related books and articles
Tariffs, Quotas, and Trade: The Politics of Protectionism By Walter Adams; Ryan C. Amacher; Sven W. Arndt; Malcolm D. Bale; John T. Cuddington; Alan V. Deardorff; Joel B. Dirlam; Roger D. Hansen; H. Robert Heller; D. Gale Johnson; Robert O. Keohane; Michael W. Keran; Rachel McCulloch; Ronald I. McKinnon; Gordon W. Smith; Robert M. Stern; Richard James Sweeney; Robert D. Tollison; Thomas D. Willett Institute for Contemporary Studies, 1979
Peddling Protectionism: Smoot-Hawley and the Great Depression By Douglas A. Irwin Princeton University Press, 2011
Protectionism: Trade Policy in Democratic Societies By Jan Tumlir American Enterprise Institute, 1985
Trade, Protectionism and the Future of Welfare Capitalism By Ruggie, John Gerard Journal of International Affairs, Vol. 48, No. 1, Summer 1994
Measurements and Legislation Suggestions for Coping with Trade Protectionism under the WTO Mechanism: From the Aspect of Government Procurement By Xiangyang, Chen Canadian Social Science, Vol. 9, No. 5, 2013
Trade Protectionism and Electoral Outcome By Yu, Miaojie The Cato Journal, Vol. 29, No. 3, Fall 2009
Peer-reviewed publications on Questia are publications containing articles which were subject to evaluation for accuracy and substance by professional peers of the article's author(s).
Protectionism, Barter Distort Global Trade Balance Picture By Mendelsohn, M. S. American Banker, Vol. 149, September 21, 1984
Protectionism Won't Work By Lamy, Pascal Newsweek International, December 31, 2008
Globalization with a Human Face: Jagdish Bhagwati on the Trouble with Protectionism, How to Deal with Climate Change, and Why NAFTA Was Bad for Free Trade By Dalmia, Shikha Reason, Vol. 41, No. 7, December 2009
The Case for Protectionism a Stiff Tariff Would Spur the Economy and Reduce the Deficit By Case, James Pittsburgh Post-Gazette (Pittsburgh, PA), February 22, 2012
Angus King: Put Trade Talks on Hold, Keep Athletic Footwear Tariff That Helps New Balance By Stone, Matthew Bangor Daily News (Bangor, ME), August 14, 2012
Clinton, Aided by Predecessors, Challenges Perot over NAFTA White House Push for Trade Treaty May Balance a Debate Long-Dominated by Opponents By Marshall Ingwerson, writer of The Christian Science Monitor The Christian Science Monitor, September 16, 1993