POLI 346 Lecture Notes - Mckinley Tariff, Open Door Policy, Theodore Roosevelt

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Main form of tax for states (main way the us raised money: aggregate direction of trade: A barrier to trade; if you want to charge a tax on goods coming in you will be raising the price and thus imports (less) Use this as a political tool: internal distribution of wealth: You can push for tariffs on different products. Change the profits for certain goods within the country. Redistributing wealth (some protected others open to international competition) Neo-classical realism: external threat creates need for security, internal balancing requires government revenues, tariff imposed to raise money, ensure country gains more than other countries. Analytical liberalism: domestic interests are divided, helps you survive or make a profit, groups organize to compete for control of government, winner gets preferred policy. Distribution of interests within us: factor-based interests: capital, land and labour. Owners of land prefer freer trade, owners of other factors desire protection. Depends what factor you own: sector-based interests:

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