Edwards, Lawrence; Lawrence, Robert Zachary - National Bureau of Economic Research (NBER) - 2006
South African trade policy has exerted a major influence on the composition and aggregate growth of trade. In the … Apartheid period, trade protection seriously impeded both exports and imports, and the economy depended on favorable global …, surcharges were effective in reducing imports. By contrast, trade liberalization in the 1990s not only increased imports but, by …