Contemporary Protectionism: What Have We Learned?

Enzo Grilli and Enrico Sassoon

Chapter 6 in The New Protectionist Wave, 1990, pp 168-178 from Palgrave Macmillan

Abstract: Abstract Fifteen years of uneasy coexistence between continued reduction of tariff barriers to trade and increasing recourse to non-tariff instruments of trade regulation have left a strong mark on the international trading system. Not only has the actual balance between free and managed trade1 shifted towards the latter, but the long-run tendency of trade policies in the key members of the system has become unclear. The liberal trading order envisaged at the end of World War II was subject in these years to such stresses and strains that it looked often on the verge of breaking down.

Keywords: Exchange Rate; Industrial Country; Real Exchange Rate; Trade Policy; Exchange Rate Regime (search for similar items in EconPapers)
Date: 1990
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DOI: 10.1007/978-1-349-11064-3_6

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