Batabyal, A.; Beladi, H.; Lee, D. - Department of Applied Economics, Utah State University
there is a balance of trade deficit, and a tariff that protects the modern—also the import competing and the polluting … dependence of these taxes on the extant tariff is studied, and the conditions that call for an activist policy, irrespective of … dynamic inconsistence of some optimal programs and the existence of the tariff can—either singly or collectively—prevent the …