NAME THAT ECONOMIST!

A random quote game from Econlib


Quiz yourself! Who wrote this quote?

Those are, therefore, in the right who maintain that taxes on imports are partly paid by foreigners; but they are mistaken when they say, that it is by the foreign producer. It is not on the person from whom we buy, but on all those who buy from us, that a portion of our custom-duties spontaneously falls. It is the foreign consumer of our exported commodities, who is obliged to pay a higher price for them because we maintain revenue duties on foreign goods.






SHOW / HIDE ANSWERExpand/Collapse