British Protectionism and the International Economy: Overseas Commercial Policy in the 1930s
When, in the winter of 1931–2, Britain abandoned first the gold standard and then free trade, two potent symbols of her nineteenth-century international economic predominance had gone within the space of little more than six months. Tim Rooth's comprehensive 1993 study in the political economy of protectionism examines the forces behind the abandonment of free trade and the way that Britain then used protection to bargain for trade advantages in the markets of her chief suppliers of food and raw materials. Dr Rooth also examines Britain's economic relations with Germany and the USA in the deteriorating international political situation of the late 1930s. The retreat from multilateral trade policies, the growth of protection and the concomitant development of regional economic groupings have obvious parallels with current developments in the world economy.
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Britains international economic position in the 1920s
The political economy of protectionism
Imperial preference and the Ottawa Conference
formulation of policy
The world economic conference Finland and Japanese
The Baltic states and Poland
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agreement countries agricultural American Argentina Australia bacon balance of payments Baldwin Baltic bargaining beef Board of Trade Britain British exports British industry British market butter Cabinet Canada Canadian cent Chamberlain coal Commercial Committee commodity competition concessions conference cotton Danish decline delegation demands Denmark Department of Overseas depression discussions domestic dominions duties Economic History Empire Estonia exchange favourable Finland Foreign Office free entry free trade Germany gold standard guarantees Gwatkin Ibid Imperial Economic imperial preference imports increased iron and steel July June Lancashire Latvia Lithuania London major manufactures meat meeting memorandum million Minister negotiations Northern Europe Norway Ottawa Ottawa agreements Overseas Trade Poland political pressure protection protectionism protectionist purchasing quotas recovery reductions restrictions Runciman Scandinavian share Snowden stabilisation sterling suppliers supplies Sweden tariff textiles timber trade agreements trade diversion treaty UK exports United Kingdom Whitehall world trade Zealand
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