Question

write a note on "tarafs".

Answer 1

According to Paul Bairoch (Myths and Paradoxes of Economic History, 1994), the industrialized world of 1913 is similar to that of 1815: "An ocean of protectionism surrounding a few liberal islets", with the exception of the United Kingdom, and a short free trade interlude in Europe between 1860 and 1892. On the other hand, "the Third World was an ocean of liberalism without an islet of protectionism", with Western countries imposing so-called "unequal" treaties on colonized and even politically dependent countries that required the lowering of customs barriers. He notes that:"in history, free trade is the exception and protectionism the rule