Abstract
In the previous chapter, the economic consequences of tariff imposition were analysed under conditions of constant t/t. However, in a world economy, the imports of one country are the exports of another, so the imposition of a tariff on one commodity by one country should be analysed in terms of the markets in both countries.
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© 1989 Ali M. El-Agraa
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El-Agraa, A.M. (1989). Optimum Tariffs and Retaliation. In: International Trade. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-10206-8_9
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DOI: https://doi.org/10.1007/978-1-349-10206-8_9
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-10208-2
Online ISBN: 978-1-349-10206-8
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