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Anderson, James E. – Journal of Economic Education, 1988
Argues that quotas are an inefficient means of achieving protectionist goals. Elaborates that, for a given distortion of trade, national income will be lower, and for a given configuration of political-economic forces, the market for protection will yield a worse distortion under a quota regime. (BSR)
Descriptors: Consumer Economics, Economic Factors, Economics, Political Influences