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chap08 - International Trade the World Economy Charles van...

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Introduction Tariffs, quota's, and other trade restrictions Tariffs and partial equilibrium Tariffs and general equilibrium Chapter 8 tool: offer curves General equilibrium with offer curves The "optimal" tariff? Optimal tariffs and retaliation Tariffs in the USA Conclusions CHAPTER 8; TRADE POLICY International Trade & the World Economy; Charles van Marrewijk
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Explanations for trade Classical 2. Opportunity costs 3. Comparative advantage Neo-classical 4. Production structure 5. Factor prices 6. Production volume 7. Factor abundance 1. The world economy New trade 9. Imperfect competition 10. Intra-industry trade Policy 8. Trade policy 11. Strategic trade policy 12. Int. trade organizations 13. Economic integration 17. Applied trade policy modeling Economic geography New interactions 14. Geographical economics 15. Multinationals 16. New goods, growth, and development Industrial organization International business Growth theory Part I Part II Part III Part IV 18. Concluding remarks
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Introduction Tariffs, quota's, and other trade restrictions Tariffs and partial equilibrium Tariffs and general equilibrium Chapter 8 tool: offer curves General equilibrium with offer curves The "optimal" tariff? Optimal tariffs and retaliation Tariffs in the USA Conclusions CHAPTER 8; TRADE POLICY International Trade & the World Economy; Charles van Marrewijk
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Introduction International Trade & the World Economy; Charles van Marrewijk Objectives / key terms Tariff / effective tariff Quota Voluntary export restraints (VER) Harberger triangle Double distortion Offer curve Trade indifference curves 'Optimal' tariff and retaliation James Meade (1907-1995)
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Introduction Tariffs, quota's, and other trade restrictions Tariffs and partial equilibrium Tariffs and general equilibrium Chapter 8 tool: offer curves General equilibrium with offer curves The "optimal" tariff? Optimal tariffs and retaliation Tariffs in the USA Conclusions CHAPTER 8; TRADE POLICY International Trade & the World Economy; Charles van Marrewijk
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Tariffs, quota's, and other trade restrictions International Trade & the World Economy; Charles van Marrewijk Remaining tariff as % of 1930 tariff 0 10 20 30 40 50 60 1945 1955 1965 1975 1985 1995 There are many types of trade restrictions, e.g. specific tariffs, ad valorem tariffs, quota, subsidies, prohibitions, minimum content, etc.
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