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Informationen zum Autor Pamela J. Smith is Associate Professor of applied economics at the University of Minnesota and teaches international trade and policy at the graduate and undergraduate levels Klappentext Using a unique, question-based format, Global Trade Policy offers accessible coverage of the key questions in trade and policy; it charts the changing policy landscape and evolving institutional arrangements for trade policies, examines trade theory, and provides students with an economic framework to better understand the current issues in national and international trade policy.* Uses a unique, question-based format to explore the questions and current debates in international trade policy and their implications* Explores trade theory to help guide discussions of trade policy, including traditional theories of inter-industry trade, as well as newer theories of intra-industry and intra-firm trade* Examines the national and international effects of widely used policies designed to directly and indirectly affect trade, and considers the evolving institutional arrangements for these* Charts the changing policy landscape from traditional trade policies - such as tariffs, quantitative restrictions, and export subsidies - to those including intellectual property rights, labor, the environment, and growth and development policies* Covers national as well as global perspectives and their interaction, helping to explain opposing views on trade policy and liberalization* Includes applied exercises enabling students to explore open-ended and realistic questions of policy debate, making it ideal for classroom use; an instructor's manual and a range of other resources are available at www.wiley.com/go/globaltradepolicy Zusammenfassung This highly-accessible book outlines an economic framework for understanding the current debates in international trade policy. Inhaltsverzeichnis Acknowledgments xi List of Tables xv List of Figures xvii Preface xxi Part One Trade Theory as Guidance to Trade Policy 1 1 Preliminaries: Trade Theory 3 1.1 What Are the Core Questions Asked by International Trade Economists? 3 1.2 How Can Trade Theory Provide Guidance to Trade Policy? 4 1.3 How Has International Trade Evolved over Time in Practice? 5 1.4 How Has Trade Theory Evolved over Time? 6 1.5 How Is the Book Organized? 9 Further Reading 11 2 Inter-industry Trade 13 2.1 What Are the Effects of Trade in the Long Run, When Countries Differ in Technologies? 14 2.1.1 What are the production possibilities? 15 2.1.2 What are the relative costs and prices in autarky? 16 2.1.3 What are the world prices with trade and patterns of trade? 17 2.1.4 What are the gains from trade? 20 2.1.5 What are the effects of liberalizing trade policy? 22 2.2 What Are the Effects of Trade in the Long Run, When Countries Differ in Endowments? 24 2.2.1 How are endowments and outputs related? 28 2.2.2 How are goods prices and factor prices related? 29 2.2.3 What are the production possibilities? 32 2.2.4 What are the relative costs and prices in autarky? 32 2.2.5 What are the world prices with trade and the patterns of trade? 33 2.2.6 What are the gains from trade? 35 2.2.7 What are the effects of liberalizing trade policy? 37 2.2.8 How does factor mobility change the trade patterns? 38 2.3 What Are the Effects of Trade in the Short Run, When Countries Differ in Immobile Endowments? 39 2.3.1 What are the production possibilities? 40 2.3.2 What are the relative costs and prices in autarky? 42 2.3.3 What are the world prices with trade? 46 2.3.4 What are the patterns of trade? 47 2.3.5 What are the gains and income distribution effects of trade...
