Testing the theory of trade policy evidence from the abrupt end of the multifibre arrangement by James Harrigan

Cover of: Testing the theory of trade policy | James Harrigan

Published by National Bureau of Economic Research in Cambridge, Mass .

Written in English

Read online


  • Trade regulation -- United States,
  • Textile industry -- Mathematical models,
  • China -- Commerce

Edition Notes

Book details

StatementJames Harrigan, Geoffrey Barrows.
SeriesNBER working paper series -- working paper 12579., Working paper series (National Bureau of Economic Research) -- working paper no. 12579.
ContributionsBarrows, Geoffrey., National Bureau of Economic Research.
The Physical Object
Pagination23 p. :
Number of Pages23
ID Numbers
Open LibraryOL17631532M

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Supply, Demand, and Trade in a Single Industry • Consider how a tariff affects a single market, say that of wheat. • Suppose that in the absence of trade the price of wheat is higher in Home than it is in Foreign. • With trade, wheat will be shipped from Foreign to Home until the price difference is eliminated.

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free trade has lost its legitimacy in a globally integrated world—in which capital is free to move internationally. Herman Daly, a leading voice in the discipline of ecological economics, emphasizes that although Ricardo's theory of ―comparative advantage is one of the most elegant theories in.

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International Trade Theory and Policy Analysis - References. Baldwin, R. (), "The New Welfare Economics and Gains in International Trade", Quarterly Journal of Economics, Baldwin, R.E.

(), "The Effects of Tariffs on International and Domestic Prices", Quarterly Journal of Economics, 74(1) Bergsten, C.F. (), "On the Non-Equivalence of Import Quotas and Voluntary.

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The UK imports motor cars, coal, oil, TV sets, domestic appliances and white goods, IT equipment, clothing and many more products which it was well able to.

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