Effects of Commercial Policy on International Trade, the Location of Production, and Factor Movements

Bela Balassa

Chapter 7 in The International Allocation of Economic Activity, 1977, pp 230-258 from Palgrave Macmillan

Abstract: Abstract For purposes of this paper, commercial policy is defined to include tariffs and other restrictions on imports as well as taxes and subsidies on exports. Since a devaluation is equivalent to the simultaneous application of tariffs on imports and subsidies on exports at equal rates, it will be considered together with commercial policy measures.

Keywords: International Trade; Commercial Policy; Tariff Reduction; Factor Movement; Interregional Trade (search for similar items in EconPapers)
Date: 1977
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-03196-2_19

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DOI: 10.1007/978-1-349-03196-2_19

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