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Creeping Protectionism
Author(s) -
GREENAWAY DAVID
Publication year - 1983
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/j.1468-0270.1983.tb01499.x
Subject(s) - protectionism , inefficiency , economics , competition (biology) , government (linguistics) , international trade , market economy , international economics , ecology , linguistics , philosophy , biology
Mrs Thatcher's trade policy is not the model of free‐market liberalism her opponents claim it to be David Greenaway examines the growth in ‘voluntary’ export restraints imposed by the Conservative Government on the UK's trading partners, and explains how this cost falls on the consumer by cushioning domestic inefficiency against competition from overseas.