萨尔瓦多国际经济学(第十版)英文.pptxVIP

International EconomicsTenth Edition;In this chapter:;Introduction;Import Quotas;Import Quotas;;Import Quotas;Import Quotas;Import Quotas;Other Nontariff Barriers and the New Protectionism;Other Nontariff Barriers and the New Protectionism;Other Nontariff Barriers and the New Protectionism;Other Nontariff Barriers and the New Protectionism;Other Nontariff Barriers and the New Protectionism;Other Nontariff Barriers and the New Protectionism;Other Nontariff Barriers and the New Protectionism;;The Political Economy of Protectionism;The Political Economy of Protectionism;The Political Economy of Protectionism;A Qualified Argument for Protection Infant-industry Argument Temporary trade protection is justified to establish and protect a domestic industry during its “infancy” until it can meet foreign competition, achieve economies of scale, and reflect the nation’s comparative advantage. To be valid, the return in the grown-up industry must be high enough to offset the higher prices paid by domestic consumers of the commodity during infancy. ;A Qualified Argument for Protection Infant-industry Argument Requires several qualifications which, together, take away most of its significance: More justified for developing nations than industrial nations. May be difficult to identify which industry qualifies for protection, which, once given, is difficult to remove. What trade protection can do, an equivalent production subsidy to the infant industry can do better. ;Strategic Trade and Industrial Policies;Strategic Trade and Industrial Policies;History of U.S. Commercial Policy;History of U.S. Commercial Policy;History of U.S. Commercial Policy;History of U.S. Commercial Policy;History of U.S. Commercial Policy;History of U.S. Commercial Policy;History of U.S. Commercial Policy;History of U.S. Commercial Policy;;The Uruguay Round, Outstanding Trade Problems, and the Doha Round;The Uruguay Round, Outstanding Trade Problems, and the Doha Round;The Uruguay Round Major Provisions of