Written as a clear, historical survey, it examines how international exchange influences law, finance, and everyday life. The book analyzes the rise of protectionism, the decline of old mercantilist ideas, and the way tariffs have evolved across major European powers, Russia, and the United States. It uses concrete data and historical episodes to show how policy choices affect national welfare and global commerce.

How international trade has grown and why it matters for national wealth.
Why governments use tariffs and other protections, and how these tools work in practice.
Different country experiences with tariff policy and the outcomes for industry and trade.
Arguments for and against free trade and protection, grounded in historical context.

Ideal for readers of economic history and policy, this edition illuminates the long arc of trade policy and its real effects on nations.

"About this title" may belong to another edition of this title.

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