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OpenStax Principles of Macroeconomics 2e, Globalization and Protectionism, Arguments in Support of Restricting Imports
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CC BY
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By the end of this section, you will be able to:

Explain and analyze various arguments that are in support of restricting imports, including the infant industry argument, the anti-dumping argument, the environmental protection argument, the unsafe consumer products argument, and the national interest argument
Explain dumping and race to the bottom
Evaluate the significance of countries’ perceptions on the benefits of growing trade

Subject:
Applied Science
Material Type:
Module
Date Added:
08/21/2018
OpenStax Principles of Macroeconomics 2e, Globalization and Protectionism, How Governments Enact Trade Policy: Globally, Regionally, and Nationally
Unrestricted Use
CC BY
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0.0 stars

By the end of this section, you will be able to:

Explain the origin and role of the World Trade Organization (WTO) and General Agreement on Tariffs and Trade (GATT)
Discuss the significance and provide examples of regional trading agreements
Analyze trade policy at the national level
Evaluate long-term trends in barriers to trade

Subject:
Applied Science
Material Type:
Module
Date Added:
08/21/2018
OpenStax Principles of Macroeconomics 2e, Globalization and Protectionism, Protectionism: An Indirect Subsidy from Consumers to Producers
Unrestricted Use
CC BY
Rating
0.0 stars

By the end of this section, you will be able to:

Explain protectionism and its three main forms
Analyze protectionism through concepts of demand and supply, noting its effects on equilibrium
Calculate the effects of trade barriers

Subject:
Applied Science
Material Type:
Module
Date Added:
08/21/2018