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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. In particular, introducing im-
trade, the existence of multinational corporations, and the emergence of an international technology gap. Furthermore, the literature in this area has deepened our understanding of the issues involved in trade policy analysis.1 What is strategic trade theory? Let us present the argument in a stylized
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.
6 Δεκ 2019 · This chapter first looks at the concept of strategic trade, its roots in globalisation and how the attempt to balance domestic and foreign policy goals through trade has had the unintended consequence of fuelling economic nationalism and, as a result, populism.
25 Ιαν 2017 · This article presents the background and the basic framework of the strategic trade policy, and discusses the development of the strategic trade theory internationally and for its application in China.
This chapter explains how developments in international trade theory influence our understanding of the changing pattern of competitiveness at the levels of the country, the industry and the firm. There is emphasis on the structure of demand and optimising the use of resources in trade. Porter's Diamond Theory is re
Our approach to trade theory and empirical work embodies a philosophy and pedagogy that helps unify the subject and the analysis. We have long maintained that there are many