Abstract
In the previous chapter we have implicitly talked of protectionism by talking of tariffs, quotas, etc. This chapter explicitly examines the main arguments in favour of protectionism and the rebuttal of them by the advocates of free trade.
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Suggested Further Reading
Bhagwati, J.N., A. Panagariya and T.N. Srinivasan, 1998, Lectures on International Trade, 2nd edition, Cambridge (Mass): MIT Press, Part I II.
Bhagwati, J. and A. Panagariya (eds.), 1996, The Economics of Preferential Trading Agreements, Washington ( DC ): American Enterprise Institute.
Johnson, H.G., 1953, Optimum Tariffs and Retaliation, Review of Economic Studies XXI, 142–53.
Krueger, A.O., 2000, NAFTA’s Effects: A Preliminary Assessment, World-Economy, 23, 761–75.
Meade, J.E., 1955, The Theory of International Economic Policy, Vol. 2: Trade and Welfare, Oxford: Oxford University Press.
Molle, W., 2001, The Economics of European Integration. Theory, Practice, Policy, Aldershot ( UK ): Ashgate Publishing Company (Fourth Edition).
Robson, P., 1998, The Economics of International Integration, 4th edition, London: Allen Si Unwin
Swann, D., 2000, The Economics of Europe: From Common Market to European Union, Harmondsworth: Penguin.
Takayama, A., 1972, International Trade: An Approach to the Theory, New York: Holt, Rinehart and Winston, Part V.
Tsoukalis, L., 1997, The New European Economy Revisited, Oxford: Oxford University Press (Third Edition).
Viner, J., 1950, The Customs Union Issue, New York: Carnegie Endowment for International Peace.
Vousden, N., 1990, The Economics of Trade Protection, Cambridge ( UK ): Cambridge University Press.
WTO, 2002, Trade Policy Review: European Union 2001,Geneva.
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Gandolfo, G. (2004). Free Trade vs Protection, and Preferential Trade Cooperation. In: Elements of International Economics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-07005-5_15
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DOI: https://doi.org/10.1007/978-3-662-07005-5_15
Publisher Name: Springer, Berlin, Heidelberg
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