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This PDF is a selection from an out-of-print volume from the National Bureau of Economic Research. Volume Title: Empirical Studies of Strategic Trade Policy. Volume Author/Editor: Paul Krugman and Alasdair Smith, editors. Volume Publisher: University of Chicago Press. Volume ISBN: 0-226-45460-6.
Strategic trade policy refers to trade policy that affects the outcome of strategic interactions between firms in an actual or potential international oligopoly. A main idea is that trade policies can raise domestic welfare by shifting profits from foreign to domestic firms.
A trade policy framework (TPF) offers a structure for the many decisions that a country’s negotiators, legislators and litigators must make as they devise and implement policy, in close consultations with critical stakeholders in
Conventional theories of the political economy of trade argue that industries in import-competing businesses favor protectionism, while multinational firms and export-dependent corporations advocate unconditional free trade.
Strategic Trade Policy (STP) is defined as government policy which attempts to shift excess profits in an oligopolistic international markets towards the home country firms.
21 Δεκ 2016 · Strategic trade policy refers to trade policy that affects the outcome of strategic interactions between firms in an actual or potential international oligopoly. A main idea is that trade policies can raise domestic welfare by shifting profits from foreign to domestic firms.
Simulated optimum tariff policies to achieve plausible government targets show objective reasons for the failure of international trade cooperation during the Slump of 1929 to 1933. For the largest …
