FOREIGN TRADE: Dogma Documented

Despite the high stakes involved—1955 U.S. commercial exports ($14.3 billion) and imports ($11.4 billion) were the largest in history—the perpetual debate on U.S. tariffs is seldom illuminated by any fresh statistical documentation of the dogmatic claims of either low or high tariff men. Nearly two years ago the Minnesota Business Executives Research Committee, a study group sponsored by the University of Minnesota's School of Business Administration, decided that it was time to move the tariff controversy into the realm of local reality. Last week, after interviewing officials of about 400 Minnesota companies, the committee released an item-by-item survey of...

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