Political Economy of Trade Policy
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Year of publication | 2006 |
Type | Article in Proceedings |
Conference | ETSG 2006 Vienna |
MU Faculty or unit | |
Citation | |
Field | Economy |
Keywords | international trade theory - trade policy paradox |
Description | The paper deals with an explanation of the trade policy paradox which is a contrast between international trade theory and the reality of trade policy. The vast majority of economic schools of thought have realized general benefits of free trade. However the reality of trade policy is governed by various forms of protectionism. |
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