The strategic shift toward lower tariffs after World War II was based on the belief that liberalizing trade would result in shared global economic benefits, known as gains from trade, which would foster economic growth and globalization.

Authors

• Person: Not available Organization: Federal Reserve Bank of Dallas
  U.S. tariff outcomes dependent on trading partner responses

Sources

• U.S. tariff outcomes dependent on trading partner responses www.dallasfed.org Federal Reserve Bank of Dallas via serper

Referenced by nodes (4)

• globalization concept
• economic growth concept
• trade liberalization concept
• World War I event