On Sun, Mar 13, 2011 at 7:11 PM, Fernando Cassia <fcassia at gmail.com> wrote:
> On Sun, Mar 13, 2011 at 10:10 PM, michael perelman
> <michael.perelman3 at gmail.com> wrote:
>> Judging by business complaints, tariffs have not been as effective as
>> regulation in protecting Japan from foreign competition.
>
> Michael,
>
> Can you be a bit more broad?. ;)
>
> I read an article claiming today´s developed countries became
> industrial powerhouses by protecting their local markets, and Japan
> was cited as an example. I´d like to know if that was true... ie if
> Japan had barriers (tariffs or other) against the import of industrial
> products, to boost local manufacturing. The author claimed Japanese
> industrial products didn´t became competitive overnight, but became so
> only after heavy protectionism which allowed it to develop its
> industry.
>
> FC
>
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-- Michael Perelman Economics Department California State University Chico, CA 95929
530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com