The Political Economy of Free Trade: Voting in the British General Election of 1906

  title={The Political Economy of Free Trade: Voting in the British General Election of 1906},
  author={Douglas A. Irwin},
  journal={The Journal of Law and Economics},
  pages={75 - 108}
  • D. Irwin
  • Published 1 April 1994
  • Economics
  • The Journal of Law and Economics
ECONOMISTS usually attribute trade policies that protect domestic producers from import competition at the expense of consumers to the unequal political influence of producer and consumer interests in the political arena. This asymmetry arises in part because of the free-rider problem and the costs of collective action. Import-competing domestic producers that are highly concentrated (either geographically or economically) are likely to seek the pecuniary gain arising from trade barriers by… 

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