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Strategic trade theory (sometimes appearing in literature as "strategic trade policy") describes the policy certain countries adopt in order to affect the outcome of strategic interactions between firms in an international oligopoly, an industry dominated by a small number of firms. [1]
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.
7 Ιουλ 2015 · Strategic trade theory can be broadly classified into three categories as: (i) the Marshallian external economy approach, (ii) the Chamberlinian large-group analysis of competition, and (iii) the oligopolistic approach.
The Concept of Strategic Trade Policy. The revolution that swept through the theory of international trade in the first half of the 1980s-the rise of the so-called new trade theory’-left many of the insights of traditional trade theory intact.
1 Ιαν 1995 · The chapter defines strategic trade policy as the trade policy that conditions (or alters) a strategic relationship among firms. This definition implies that the existence of a strategic relationship among firms is a necessary precondition for the application of strategic trade policy.
17 Ιουν 2021 · Strategic Trade Theory (STT), developed in the 1980s, outlined how governments could be active in national economies even as they began significant deregulations. It showed how and why governments selectively used protectionism, export limits, and R&D subsidies to shift profits to domestic firms (see Brander and Spencer 1983 , 1985 ; Stegemann ...
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.
