The old debate between free trade and protection, at an intellectual level, has been resolved in a way that is satisfactory for many people, but it continues to be an issue in public discussion and in policy design. The ebb and f low of protectionist move

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Since 1958, international economists have been greatly concerned with the problem of international monetary reform. Research and writing on this problem has taken one or other of two broad forms. Those economists most concerned with policy have concerned themselves with emphasizing the need for...