This paper investigates the sequence of trade liberalization in postwar Japan and its determinants. As the Japanese government utilized the foreign exchange allocation system as a tool for the industrial policy, especially for protecting domestic industries, in the 1950s, trade liberalization...

Birmingham Assay Office was established in 1773 by Toy manufacturers producting plated goods like Matthew Boulton. Main products of Birmingham were plated by gilt technique, so it was not easy to get credit for their products as growing area. Assay office had to be needed not only for the...