Limits To Free Trade
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Limits To Free Trade
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Author : David Hanson
language : en
Publisher: Edward Elgar Publishing
Release Date : 2010-01-01
Limits To Free Trade written by David Hanson and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-01-01 with Business & Economics categories.
Limits to Free Trade ranges over a wide diversity of relevant issues ranging from international agreements, to regional trade policies, to import trade barriers, to movements for trade reforms. Informed, informative, and strongly recommended for academic library reference and resource collections, Limits to Free Trade is a model of detailed and articulate scholarship. The Midwest Book Review This book explores the growing list of non-tariff trade barriers raised by the US, EU and Japan and assesses the prospects for significant trade liberalization. The author examines the liability of global free trade through a review of the complaints that these three countries raised about each other over a five-year period. He concludes that free trade may be increasingly hampered as barriers are created more rapidly than can be resolved, and that the prospects for significantly strengthening safeguards are limited. These issues are analyzed in the contexts of the major WTO trade agreements and the political economy of decision-making in the US, EU and Japan. The author concludes that the growing problems are endemic to the system and are not amenable to easy remedy. He tackles topics including international agreements, the trade policy processes in the three regions, issues concerning trade practices, import trade barriers in the EU, and prospects for reform. Scholars, students and practitioners in business economics, international business, and international economics will find much of interest in this book.
The Limits Of Protectionism
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Author : Michael Lusztig
language : en
Publisher: University of Pittsburgh Pre
Release Date :
The Limits Of Protectionism written by Michael Lusztig and has been published by University of Pittsburgh Pre this book supported file pdf, txt, epub, kindle and other format this book has been release on with Political Science categories.
Conventional wisdom holds that free trade is economically beneficial to nations. But this does not prevent industries and interest groups from lobbying their governments for protection, which creates a fear of electoral backlash among politicians hoping to promote free trade. The Limits of Protectionism demonstrates how governments can attain those economic benefits while avoiding the political costs. Michael Lusztig's theoretical model focuses on a process by which protectionists can be pushed to restructure and compete in a global economy. In this process, a small cutback in domestic protection leads to lost market shares at home; producers must then turn to overseas exports, and, as the size of foreign profits grow, former protectionists become active advocates for more and greater free trade opportunities. In a wide-ranging array of case studies—from nineteenth-century Britain to Depression-era United States to contemporary New Zealand, Australia, Brazil, Canada, Chile, and Mexico—Lusztig reveals that, if skillfully handled, governments can eliminate the obstacles to free trade and enjoy continued economic growth without fear of protectionist groups seeking revenge at the ballot box.
The Economic Limits To Modern Politics
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Author : John Dunn
language : en
Publisher: Cambridge University Press
Release Date : 1992-07-31
The Economic Limits To Modern Politics written by John Dunn and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992-07-31 with Business & Economics categories.
Studies the impact of the economic dimension on political issues and decision making.
Chances And Risks Of Free Trade Policies
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Author : Philipp Rothe
language : en
Publisher: GRIN Verlag
Release Date : 2020-08-13
Chances And Risks Of Free Trade Policies written by Philipp Rothe and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-08-13 with Business & Economics categories.
Academic Paper from the year 2020 in the subject Economics - Foreign Trade Theory, Trade Policy, , language: English, abstract: This paper examines the definition, history and status of free trade in the world today. In history a lot of countries acted in accordance with protectionist trade policies which means they had a lot of barriers, tariffs, and limits towards the trade with other countries. The aim was to protect their own economy. However, in today's world there is much more free trade which means "the buying and selling of goods, without limits on the amount of goods that one country can sell to another and without special taxes on the goods bought from a foreign country". The theory of free trade was first invented in 1776 by Adam Smith. And although it goes back to colonial times, free trade remained a theory for centuries. Ever since Adam Smith's concept of free trade, merchants tried to remove trade barriers between countries again and again. But especially during the industrialization period the countries used trade barriers to boost their economy. As late as after the second world war, the US for example started to lower import tariffs. The idea of lowering tariffs is that more trade takes place, countries can specialize economically in what they do best and afterwards exchange these products for goods that they don't produce most efficiently or that they don't have easily available. That in turn means the people are freer to choose their position in the economy, the worlds resources are used more efficient and the wealth of nations is growing. In a nutshell it means a country can compete in the global market by specializing to its fundamental economic strengths and by doing this increase economic growth. Some international institutions such as the World Bank, International Monetary Fund, and the World Trade Organization (WTO) were founded to promote free trade in place of protectionism and so helped to build the world how it is today in terms of trading.
Methodology For Impact Assessment Of Free Trade Agreements
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Author : Michael G. Plummer
language : en
Publisher: Asian Development Bank
Release Date : 2011-02-01
Methodology For Impact Assessment Of Free Trade Agreements written by Michael G. Plummer and has been published by Asian Development Bank this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-02-01 with Political Science categories.
This publication displays the menu for choice of available methods to evaluate the impact of Free Trade Agreements (FTAs). It caters mainly to policy makers from developing countries and aims to equip them with some economic knowledge and techniques that will enable them to conduct their own economic evaluation studies on existing or future FTAs, or to critically re-examine the results of impact assessment studies conducted by others, at the very least.
The Case Against Free Trade
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Author : Ralph Nader
language : en
Publisher: North Atlantic Books
Release Date : 1993
The Case Against Free Trade written by Ralph Nader and has been published by North Atlantic Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Business & Economics categories.
This book examines the notion of "free trade" and the issues raised by adopting the General Agreement on Tariffs and Trade (GATT) and the North American Free Trade Agreement (NAFTA). Essays by Ralph Nader, Jerry Brown, William Greider, Margaret Atwood, Mark Ritchie, Wendell Berry, Pat Choate, and others.
Free Movement Of Goods And Limits Of Regulatory Autonomy In The Eu And Wto
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Author : Tamara Perišin
language : en
Publisher: T.M.C. Asser Press
Release Date : 2011-08-27
Free Movement Of Goods And Limits Of Regulatory Autonomy In The Eu And Wto written by Tamara Perišin and has been published by T.M.C. Asser Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-08-27 with Law categories.
In every system aimed at trade liberalisation, it is necessary to balance this goal with the protection of (other) values. Not only does this have economic implications, but it also strikes at the heart of regulatory autonomy, sovereignty, division of power between levels and branches of government and constitutionalism. The optimal balance necessarily depends on the system's aims, structure, membership and level of homogeneity. This book explores this broad idea in the specific context of the EU and WTO rules on non-pecuniary restrictions on the free movement of goods and seeks to establish how to optimally interpret them. Furthermore, it demonstrates that the EU internal market rules have strong external effects which can be felt within the WTO.
Free Trade And Liberal England 1846 1946
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Author : Anthony Howe
language : en
Publisher: Oxford University Press
Release Date : 1997
Free Trade And Liberal England 1846 1946 written by Anthony Howe and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Business & Economics categories.
The argument about the limits of Free Trade or Protectionism rages throughout the world to this day. Following the Repeal of the Corn Laws in 1846, free trade became one of the most distinctive defining features of the British state, and of British economic, social, and political life. Whilethe United States, much of the British Empire, and the leading European Powers turned towards protectionism before 1914, Britain alone held to a policy which had seemingly guaranteed power and prosperity. This book seeks to explain the political history of this tenacious loyalty. While the TariffReform opponents of free trade have been much studied, this is the first substantial account, based on a wide range of printed and archival sources, which explains the primacy of free trade in nineteenth- and early-twentieth century Britain. It also shows that by the centenary of the Repeal of theCorn Laws in 1946, although British free traders lamented the death of Liberal England, they heralded, under American leadership, the rebirth of the liberal international order.
States Against Markets
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Author : Robert Boyer
language : en
Publisher: Routledge
Release Date : 2005-08-15
States Against Markets written by Robert Boyer and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-08-15 with Business & Economics categories.
This work challenges the popular view that globalization threatens the role of the nation-state in determining national policy. It examines the fundamental issue of competitiveness and market power in an increasingly borderless and co-dependent world. Despite this increased threat to the nation-state as an effective manager of the national economy, the authors argue that there are a number of options and alternatives open to governments to protect themselves from the global business cycle.
Limits To Liberalization
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Author : Patricia M. Goff
language : en
Publisher: Cornell University Press
Release Date : 2007
Limits To Liberalization written by Patricia M. Goff and has been published by Cornell University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Business & Economics categories.
The so-called culture industries--film, television and radio broadcasting, periodical and book publishing, video and sound recording--are noteworthy exceptions to the rhetorical commitment of Western countries to free trade as a major goal. These exceptions threatened to derail such high-profile negotiations as NAFTA and its predecessor, the Canada-US Free Trade Agreement, as well as the Uruguay Round of the GATT. Conventional wisdom did not foresee trouble from this source, because these established industries are not commercial national champions, nor are they particularly large providers of jobs. As Patricia M. Goff shows, the standard trade literature considers the monetary value but doesn't recognize the symbolic importance of cultural production. In Limits to Liberalization, she traces the interplay between the commercial and the cultural. Governments that want to expand free trade may simultaneously resist liberalization in the culture industries (and elsewhere, including agriculture and health care). Goff traces the rationale for "cultural protectionism" in the trade policies of Canada, France, and the European Union. The result is a larger understanding of the forces that shape international trade agreements and a book that speaks to current theoretical concerns about national identity as it plays out in politics and international relations.