Ask Us Anything: Adam Smith on Retaliatory Tariffs
Channel: Mercatus Center
Date: 2020-10-07

In the fourth installment of a multi-part “Ask Us Anything” series, Professor Donald J. Boudreaux tackles the one genuine economic exemption Adam Smith makes to his policy of free trade — retaliatory tariffs.  Professor Boudreaux examines the context in which Smith wrote about this exemption and how Smith qualified his argument for the use of retaliatory tariffs.

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