Missing voluntary exchanges January 15, 2021 LAHORE: For all the globally known economists, who support the free market, any solutions proposed by the government to a problem are usually as bad as the problem itself. A few years back, tyre manufacturers convinced the custom officials that tyre importers are heavily under-invoicing their imports. The actual solution was to fix the import tariff price to actual level (that could be verified through the internet on exports of the same tyres exported to other countries). Instead, the officials punished the importers by increasing the import duty by 10 percent. The problem in their eyes was solved.