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  1. The first part, organized into four time periods, examines the key steps and results of U.S. trade policy since 1934. The second part summarizes the economic literature on the effects of trade liberalization, with brief discussions of economic theories and their quantitative implications.

  2. This article reviews the broad changes in US trade policy over the course of the nation's history. Import tariffs have been the main instrument of trade policy and have had three main purposes: to raise revenue for the government, to restrict imports and protect domestic producers from foreign competition, and to reach reciprocity agreements ...

  3. comprehensive look at historical evolution of U.S. trade policy. Section 2 provides an overview of the three main purposes of imports tariffs – revenue, restriction, and reciprocity, as will be explained below – and the three eras in which one of those

  4. This chapter reviews the evolution of US foreign trade and trade policy from the colonial period to the present. International trade has been a small but important part of the US economy throughout the country’s history. The Constitution gives Congress the authority to levy import duties.

  5. Abstract. Theories of strategic trade policy that allow for oligopoly and for strategic interactions, and which appear to justify trade interventions, are analysed sceptically. Also discussed is the industrial policy, and the argument that import protection may be justified if it fosters exporting.

  6. Abstract. 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. 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.

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