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This article is about protectionism. It is divided into four parts. Part 1 reviews the philosophy of protectionism, and … producers at the expense of the general public. Part 2 examines the cost of protectionism, both monetary and nonmonetary, and … concludes that protectionism results in a deadweight loss to the economy. Part 3 examines antidumping in theory and practice and …
Persistent link: https://www.econbiz.de/10012980629
primaries, the differences to current politics will not be that big in some areas. Particularly when it comes to free trade …
Persistent link: https://www.econbiz.de/10012166167
Economic sanctions have become an increasingly popular method of punishing nations that do not behave according to international standards. But sometimes sanctions are imposed on allies and trading partners as well. The United States currently imposes sanctions on 90 countries, including Canada...
Persistent link: https://www.econbiz.de/10014053533
This paper develops a two-country model of international trade in which citizens who are heterogeneous with respect to … income and trade taxes in a unified international-trade framework, we uncover the interplay between majority voting over … these two instruments at the domestic level and strategic interdependencies between countries' trade policies. Our main …
Persistent link: https://www.econbiz.de/10013154945
This paper examines the impact of trade liberalization on U.S. Congressional elections. We find that U.S. counties … subject to greater competition from China via a change in U.S. trade policy exhibit relative increases in turnout, the share …
Persistent link: https://www.econbiz.de/10011500378
legislators were not important in the process. Predictions of neo-classical trade models regarding the attitudes of various groups …Utilizing a political economy approach towards trade policy formulation, we examine the case of how the U.S. House … deduce the rationale behind these factors. We find that the U.S. trade policies towards China represent a balanced …
Persistent link: https://www.econbiz.de/10012994742
This paper examines the impact of trade liberalization on U.S. Congressional elections. We find that U.S. counties … subject to greater competition from China via a change in U.S. trade policy exhibit relative increases in turnout, the share …
Persistent link: https://www.econbiz.de/10013210395
on the specific market of textile products, which was among the most affected by the protectionism measures. The … existing studies, which are mainly devoted to the impact of reduced trade flows on the key macroeconomic indicators, we focus … the ongoing trade war has not only adversely affected the macroeconomic fundamentals of the US economy, but it is also …
Persistent link: https://www.econbiz.de/10014339778
Over the last three years, trade tensions between the United States (US) and China have transformed a fairly open … diversify trade partners and localisation have been intensified following COVID-19-induced global supply-chain disruptions …. Continuing bilateral trade tensions between the world's largest economic powerhouse scan be expected to have significant impacts …
Persistent link: https://www.econbiz.de/10012626310
This paper examines the trade policy response of Latin American governments to the rapid growth of China and India in …
Persistent link: https://www.econbiz.de/10010264092