The Political Economy of International Trade

Document Content and Description Below

The political reality of free trade is that while nations are nominally committed to it, they intervene and take actions to protect the interests of politically important groups. This chapter explore... s the political and economic reasons for intervention; to restrict imports and expand exports, but, more recently, for ‘social’ reasons. The chapter describes the range of intervention instruments used by governments and considers the case for free trade in light of government actions. [Show More]

Last updated: 1 year ago

Preview 1 out of 31 pages