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Understanding Tariffs and Trade Barriers

Author : Avery Elizabeth Hurt
Publisher : Cavendish Square Publishing, LLC
Page : 80 pages
File Size : 47,16 MB
Release : 2019-07-15
Category : Young Adult Nonfiction
ISBN : 1502646129

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A renegotiation of NAFTA and a trade war with China have kept tariffs and trade agreements in the news in the early twenty-first century. Tariffs, trade barriers, and the potential consequences of both are complex. This book presents a difficult subject in a straightforward and interesting manner. The use of historical and cultural tidbits, such as how the press ridiculed the embargo of 1870 by referring to it as "O grab me!" which is embargo spelled backward, will delight readers. They'll learn how South Carolina threatened to secede from the Union over tariffs in 1832, almost thirty years before it actually did secede. A discussion of the theory and history of tariffs and trade barriers puts the concept in context, while recent examples illuminate how they work in practice.

Trade Barriers

Author : United States Tariff Commission
Publisher :
Page : 592 pages
File Size : 42,72 MB
Release : 1974
Category : Commerce
ISBN :

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Limits to Free Trade

Author : David Hanson
Publisher : Edward Elgar Publishing
Page : 223 pages
File Size : 35,68 MB
Release : 2010-01-01
Category : Business & Economics
ISBN : 184980334X

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Limits to Free Trade ranges over a wide diversity of relevant issues ranging from international agreements, to regional trade policies, to import trade barriers, to movements for trade reforms. Informed, informative, and strongly recommended for academic library reference and resource collections, Limits to Free Trade is a model of detailed and articulate scholarship. The Midwest Book Review This book explores the growing list of non-tariff trade barriers raised by the US, EU and Japan and assesses the prospects for significant trade liberalization. The author examines the liability of global free trade through a review of the complaints that these three countries raised about each other over a five-year period. He concludes that free trade may be increasingly hampered as barriers are created more rapidly than can be resolved, and that the prospects for significantly strengthening safeguards are limited. These issues are analyzed in the contexts of the major WTO trade agreements and the political economy of decision-making in the US, EU and Japan. The author concludes that the growing problems are endemic to the system and are not amenable to easy remedy. He tackles topics including international agreements, the trade policy processes in the three regions, issues concerning trade practices, import trade barriers in the EU, and prospects for reform. Scholars, students and practitioners in business economics, international business, and international economics will find much of interest in this book.

Introduction to Business

Author : Lawrence J. Gitman
Publisher :
Page : 732 pages
File Size : 38,20 MB
Release : 2018
Category : Business
ISBN : 9781947172555

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Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond.

Evaluation of the GATT (General Agreement on Tariffs and Trade). Regarding the Free Trade Concepts according to David Ricardo

Author : Carolin Wemhoff
Publisher : GRIN Verlag
Page : 30 pages
File Size : 47,67 MB
Release : 2021-07-22
Category : Political Science
ISBN : 3346444465

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Studienarbeit aus dem Jahr 2021 im Fachbereich BWL - Wirtschaftspolitik, Note: 1,3, FOM Essen, Hochschule für Oekonomie & Management gemeinnützige GmbH, Hochschulleitung Essen früher Fachhochschule, Sprache: Deutsch, Abstract: This thesis aims to present the GATT (General Agreement on Tariffs and Trade) and its historical background in its main features and to examine what extent the GATT corresponds to the free trade conception according to David Ricardo. Historically, free trade is still a relatively new concept. Between the 16th and 18th centuries, in the age of mercantilism, the idea of protectionism still predominated. The interstate exchange of goods is based on the assumption that the own country could make profits at the expense of its trading partners through import quotas and import tariffs. At the same time, attempts are made to support the country's own exports through promotional measures. This protectionist approach has left its mark until today in form of protective tariffs for example. Mercantilism is followed by the idea of liberalism and therefore the idea of free trade. Adam Smith is considered the founder of free trade theory. His model of absolute cost advantage is later developed into the model of comparative cost advantage by the economist David Ricardo.

Nontariff Measures and International Trade

Author : John Christopher Beghin
Publisher : World Scientific Publishing Company
Page : 393 pages
File Size : 18,48 MB
Release : 2016-11-28
Category : Business & Economics
ISBN : 9813144416

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Nontariff Measures and International Trade includes 20 chapters authored by John Beghin and co-authors over the last 20 years on the economics of quality-standard like nontariff measures in the context of international trade. This book provides a coherent and comprehensive treatment of these nontariff measures, from their measurement to their effects on trade and welfare. In Part I, the authors use different perspectives to make the case that, unlike tariffs, quality-standard like nontariff measures are complex to measure and analyze and do not easily lead to general policy prescriptions. Then, Part II contains contributions on measurements of welfare and trade effects of nontariff measures, accounting for potential market imperfections. Part III presents chapters on the potential protectionism of nontariff measures when they are used to favor some economic agents over society. The last part presents cases studies of nontariff measures in different industries, markets, and countries.