Contents

Foreword, ix

I. Introductory, 1

II. The Nature of Protection, 8

III. Critique of Popular, and Fallacious, Arguments for Protection, 17

IV. The Argument for Free Trade, 50

V. Rational Protection, 63

VI. Anti-dumping Legislation and Special Forms of Foreign Trade Control, 89

VII. The Future Commercial Policy of the United States, 107

Appendix I, 134

Appendix II, 150

Originally published in 1942.

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