Lechthaler, Wolfgang; Mileva, Mariya - In: Intereconomics 53 (2018) 1, pp. 22-26
Even though economists keep on emphasising the benefits of international trade, protectionism is on the rise in many …-run distributional effects of import tariffs: while protectionism hurts the economy from an aggregate perspective (i.e. GDP goes down … lend political support to protectionism. …