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A role for the tariff?
Tariffs and national efficiency
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achieved AMECON areas argument assets ATBs Australian dollar Australian industry average capital cash flow cent Chart community services companies cost countries crude oil current account deficit debt decline deregulation devaluation dividend domestic demand dustries economic growth economic integration effect efficiency employment equity estimated European exchange rate expected expenditure export Figure fiscal forecast foreign free trade frigate fuel funds Government high interest rates household impact import improvement income incomes policy increase inflation investment Japan labour market major manufacturing ment methanol monetary policy neoclassical NIEIR OECD organisations output overall overseas payments period potential production profit programs public enterprises purchasing power parity rate of return ratio recent reduce renewable energy result SECV significant social strategy supply Table tariff cuts tion tradable transport trend United United Kingdom Victoria wage workers X-inefficiency