THE ECONOMICS AND POLITICAL ECONOMY OF MANAGED TRADE

Wilfred J. Ethier

Chapter 18 in The Floating World:Issues in International Trade Theory, 2014, pp 365-388 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Even as the virtues of the free market are extolled daily, trade between national markets becomes increasingly managed. Such management has long been commonplace in international primary-product markets and in the trade of the now-unfashionable centrally-planned economies. But recent decades have seen the proliferation of management of the trade of manufactures between industrial (and newly industrializing) economies…

Keywords: International Trade; Scale Economies; Factor Endowments; Political Economy of Trade Policy; Economic Integration (search for similar items in EconPapers)
Date: 2014
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