Following a brief historical introduction and a discussion of different types of commercial policy, this paper reviews the arguments for and against trade protection. In the bench-mark case of a competitive, small, open economy, free trade maximizes aggregate national welfare, although some individual groups will lose unless compensation is actually paid. Guidelines for policy include the uniform reduction and "concertina " rules for tariff cuts, and the principle of targeting: corrective measures should be applied as close to the source of the "distortion " as possible. Relaxing the bench-mark assumptions allows exceptions to the case for free trade: "optimal " tariffs to manipulate world prices; "strateg...
In the early 80s economic theorists discovered strategic trade policy and thereby appeared to legiti...
Neo-classical economic theory shows that managed trade or protectionism is (almost) always welfare d...
The incorporation of details of industrial organisation into the study of international trade has be...
Following a brief historical introduction and a discussion of different types of commercial policy,...
AbstractAim of this paper is to illustrate the objects and relation between strategic trade policy a...
Abstract The commercial policy which is highly important issue is in economics, The commercial polic...
If unilateral free trade is the best policy, then why are international treaties needed to achieve i...
This paper looks at trade protectionism in an attempt to determine whether mature economies entering...
Standard trade theory claims that free trade is welfare- enhancing. We show that this is not the cas...
This paper explores the links between international trade theory and the practice of trade and indus...
Protectionism is the term used about the nations protecting their domestic industries and their work...
David M. Gould, Roy J. Ruffin, and Graeme L. Woodbridge argue that free trade is supported both by e...
This paper explores the links between international trade theory and the practice of trade and indus...
International Trade: Theory and Policy is built on Steve Suranovic\u27s belief that to understand th...
In the economic model that underlies the WTO the only group that can be expected to ask for protecti...
In the early 80s economic theorists discovered strategic trade policy and thereby appeared to legiti...
Neo-classical economic theory shows that managed trade or protectionism is (almost) always welfare d...
The incorporation of details of industrial organisation into the study of international trade has be...
Following a brief historical introduction and a discussion of different types of commercial policy,...
AbstractAim of this paper is to illustrate the objects and relation between strategic trade policy a...
Abstract The commercial policy which is highly important issue is in economics, The commercial polic...
If unilateral free trade is the best policy, then why are international treaties needed to achieve i...
This paper looks at trade protectionism in an attempt to determine whether mature economies entering...
Standard trade theory claims that free trade is welfare- enhancing. We show that this is not the cas...
This paper explores the links between international trade theory and the practice of trade and indus...
Protectionism is the term used about the nations protecting their domestic industries and their work...
David M. Gould, Roy J. Ruffin, and Graeme L. Woodbridge argue that free trade is supported both by e...
This paper explores the links between international trade theory and the practice of trade and indus...
International Trade: Theory and Policy is built on Steve Suranovic\u27s belief that to understand th...
In the economic model that underlies the WTO the only group that can be expected to ask for protecti...
In the early 80s economic theorists discovered strategic trade policy and thereby appeared to legiti...
Neo-classical economic theory shows that managed trade or protectionism is (almost) always welfare d...
The incorporation of details of industrial organisation into the study of international trade has be...