The Economics of Trade Protection / Edition 1

by Neil Vousden

Overview

Over the past two decades there has been a gradual but fundamental change in the nature of trade protection. Even as international negotiation has succeeded in reducing tariffs to low levels, national governments have resorted to a range of increasingly intricate policies to protect their domestic industries from foreign competition. Direct quantitative restrictions on international trade have become particularly widespread. Such nontariff barriers often have very different effects from tariffs and require careful analysis in their own right. This book presents a systematic overview of the modern theory of trade protection. The material in the book divides naturally into four sections. The first section covers trade restrictions in competitive markets, the second trade restrictions and imperfect competition, the third the political economy of trade protection, and the fourth the theory of policy reform. The presentation makes extensive use of diagrams, with the more difficult mathematics included in six appendixes.

Product Details

ISBN-13:	9780521346696
Publisher:	Cambridge University Press
Publication date:	08/31/1990
Edition description:	New Edition
Pages:	324
Product dimensions:	5.98(w) x 8.98(h) x 0.94(d)

Table of Contents

Preface; 1. Basic international trade theory; 2. Protection for a small country; 3. Import quotas and tariffs: some other issues; 4. Protection for a large country; 5. Monopoly; 6. Oligopoly; 7. Monopolistic competition and product differentiation; 8. Endogenous protection; 9. Approaches to reducing protection I: Unilateral reform; 10. Approaches to reducing protection II: Multilateral reform; Appendices; Notes on chapters; References