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.
Key Features
- 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.
Contents
Part One Trade Theory as Guidance to Trade Policy
- 1 Preliminaries: Trade Theory
- 2 Inter-industry Trade
- 3 Intra-Industry and Intra-Firm Trade
Part Two Trade Policies and Their Effects 81
- 4 Preliminaries: Trade Policy and Welfare Considerations
- 5 Tariffs
- 6 Export Subsidies
- 7 Quantitative Restrictions
- 8 Policy Comparisons
Part Three Trade-Related Policies
- 9 Preliminaries: Trade-Related Policies and Trade in Services
- 10 Intellectual Property Rights
- 11 Environmental Policies
- 12 Labor Policies
- 13 Growth and Development Policies
Part Four Trade Arrangements
- 14 Regional and Multilateral Arrangements
- Index
Praise for This Book
"Unique for its strong focus on important policy questions in international trade and development economics. It provides comprehensive analysis of issues that generally do not appear in an introductory international economics text, including trade policy equivalence, intellectual property rights, and international trade and its impacts on labor markets and the environment." —Keith E. Maskus, University of Colorado at Boulder.
"This is an excellent and comprehensive treatment of the theory of international trade, trade policies, and institutional issues." —M. Stern, Goldman School, University of California Berkeley.
"Strong and subtle symmetry is a very attractive strength of this insightful treatment of modern policy interventions in globalized markets. Its structure is assiduously integrative, almost poetic in its analytics. Its applied questions encourage readers into the adventure of seasoned policy evaluation. It is a mature mentor -- more-than-primer -- for both activists and analysts, who need to go beyond the elementary anatomy of policy prescription for a global economy." —J. David Richardson, Syracuse University and Peterson Institute for International Economics
"Pamela Smith fills a long-standing gap for students and policymakers wanting to understand contemporary trade issues like services, labor, and intellectual property rights, while remaining grounded in rigorous economics." —Michael J. Ferrantino
About the Authors
- 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.
Book Details
- Paperback: 376 pages
- Publisher: Wiley-Blackwell; 1 edition (September 10, 2013)
- Language: English
- ISBN-10: 1118357655
- ISBN-13: 978-1118357651
- Product Dimensions: 9.6 x 6.8 x 0.7 inches
- List Price: $54.95