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Tariff fallacy debated over England's labor and trade
In contrast to tariff arguments, the piece argues labor markets follow supply and demand. It cites England’s distress under protectionism, notes wages in iron textiles and clothing fell, and claims England expanded trade after shifting to revenue tariffs while other nations built factories.
MENTIONED IN THIS ARTICLE
England
United States
America
Knight
Brougham
Birmingham
Lancashire
Germany
Austria
Switzerland
Canada
Australia
Great Prairie
Russia
Turkey
Mexico