Trade and Transitions

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Trade and Transitions image
ISBN-10:

1138985899

ISBN-13:

9781138985896

Edition: 1
Released: Jul 13, 2016
Publisher: Routledge
Format: Paperback, 292 pages
Related ISBN: 9780415049771

Description:

Faced with increased levels of international competition and mounting budget deficits some developed, Western economies have responded by introducing trade restrictions. This book uses a comparative analysis of eight leading industrial nations (including Japan, the United States, West Germany and Britain) to demonstrate that such policies are mistaken. Alternatives to trade restrictions, including subsidies for industries and labour-market policy instruments are also shown to have their drawbacks, and the book emphasises the need for countries to find and exploit policies which fulfil their own political and social needs but which are least injurious to their trading partners.

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