Lecture 6

Lecture 6 - October 26, 2009 INTRO TO INTERNATIONAL...

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October 26, 2009 INTRO TO INTERNATIONAL POLITICAL ECONOMY MEREDITH HUBER PS 186 Current Events OZRAN Annual E.A. Summit: Should East Asia move towards an “Asian Equivalent” of the EU Territorial claims over island groups—barriers to moving towards something like the EU US has close relations with a number of East Asian countries (Japan, Korea, Australian and New Z.—they would be reluctant to sacrifice that relationship INTERNATIONAL TRADE: 1. Basic issue: a tension between desire for material benefits of an open system and pressure to promote/defend state and or particularistic interests a. Advantages of free trade: efficiency, growth b. Disadvantages: 2. Postwar Experience: GATT/WTO a. Purposes: liberalization, dispute resolution b. Principles: non discrimination, reciprocity, safeguards 3. Protectionism (Actor Behavior) a. Instruments of Trade Policy—trade barriers (oldest trade barrier = tax on imports “tariffs” 20 th century, quantitative restrictions and “non tariff barriers)
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Lecture 6 - October 26, 2009 INTRO TO INTERNATIONAL...

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