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Not a Zero-Sum Game - Ludwig von Mises Institute

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THE PARADOX OF EXCHANGE<br />

The Politicization of Trade<br />

Balancing accounts or balancing trade<br />

Unsuspected losses for exporters<br />

A government imposes a 10 percent import tariff<br />

Table I11 Effect assuming no intermediation<br />

Table IV Effect with intermediation<br />

Effects of "economic" tariffs<br />

Who pays the import taxes?<br />

"Free trade" agreements (FTA)<br />

Uneconomic diversion of trade<br />

The best option<br />

Appendix 1<br />

Why Managed Trade is <strong>Not</strong> Free Trade<br />

Appendix 2<br />

Underdeveloping Indiana<br />

Selected Bibliography

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