Give The Meaning Of Tariff And Quotes

We've searched our database for all the quotes and captions related to Give The Meaning Of Tariff And. Here they are! All 3 of them:

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The popular impression of Korea as a free-trade economy was created by its export success. But export success does not require free trade, as Japan and China have also shown. Korean exports in the earlier period-things like simple garments and cheap electronics-were all means to earn the hard currencies needed to pay for the advanced technologies and expensive machines that were necessary for the new, more difficult industries, which were protected through tariffs and subsidies. At the same time, tariff protection and subsidies were not there to shield industries from international competition forever, but to give them the time to absorb new technologies and establish new organizational capabilities until they could compete in the world market.
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Ha-Joon Chang (Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism)
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What Hill ultimately deplored more than tariffs and subsidies were the ICC and the Sherman Anti-trust Act. Congress passed these vague laws to protest rate hikes and monopolies. They were passed to satisfy public clamor (which was often directed at wrong-doing committed by Hill's subsidized rivals). Because they were vaguely written, they were harmless until Congress and the Supreme Court began to give them specific meaning. And here came the irony: laws that were passed to thwart monopolists, were applied to, thwart Hill.
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Burton W. Folsom Jr. (The Myth of the Robber Barons: A New Look at the Rise of Big Business in America)
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