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From course:

International Political Economy

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Question:

In 1815 Ricardo published

Author: Angelie Bayaban



Answer:

“An Essay on the Influence of a Low Price of Corn on the Profits of Stock” which regulated grain imports and exports Parliament raised the duty on imported wheat due to a drop in wheat prices. in which he argued that raising the tariff on grain imports tended to increase the rents of the country gentlemen while decreasing the profits of manufacturers.


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