Current issues in trade policy: an overview
Alan V. Deardorff, Robert Mitchell Stern, University of Michigan. Institute of Public Policy Studies
Dept. of Economics and Institute of Public Policy Studies, University of Michigan, 1983 - Business & Economics - 47 pages
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benefit the domestic classic argument CM CM CM CP comparative advantage consumers consumption countervailing duties countervailing trade developing countries distortionary effect dollar appreciation domestic distortion domestic economy domestic market domestic political economic welfare especially exchange rate exchange-rate Fees and royalties first-best policies footwear free trade gains from trade GATT German mark imperfectly competitive increased industrial and developing industrial countries interfere with trade international trade market power merchandise trade national interest national monopoly power offsetting a domestic oil shock optimal tariff percent perfect competition pOJd duii dxa policy makers Prod protection protectionism protectionist pressures pxjom reason retaliation ro ro ro second-best sectors share of imports strategic Table terms of trade textiles trade in services trade intervention trade policy trucks and buses University of Michigan VERs Voluntary export restraints world exports world trade Zrt rt