ABSTRACT
This chapter provides the limits and divisions of the State's range of economic action, as they have appeared in international economic policy, which is the formula of man's beliefs and desires with regard to the use of the State's power for economic ends. Policy is the formula of man's beliefs and desires with regard to the use of the State's power. The tariff was an economic instrument to be wielded for political purposes, a weapon with which to gain state ends in the sphere of international politics. The means advocated and employed fall roughly into three classes, and for the purposes of enquiry it is necessary to keep distinct the three different spheres in which these three classes of means are and can be used. The three classes may be shortly defined as follows: Economic Imperialism, Protectionism and its Opposite and Other Forms.
