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Adjustment policies and problems in developed countries

1979

W8531
382.4

0-8213-9222-0

This study examines the problem posed by the need to adjust to imports from developing countries. It begins with an attempt to define the terms of adjustment and adjustment policy. The overall context within which adjustment had to occur is then discussed, and attention is drawn both to the unfavorable macroeconomic environment and to the bias against changes brought about by imports from developing countries...

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