Our Merchant Marine Problem and International Trade Policies

1926 ◽  
Vol 34 (5) ◽  
pp. 642-656 ◽  
Author(s):  
Abraham Berglund
Keyword(s):  
International Trade ◽  
Trade Policies ◽  
Merchant Marine

Understanding International Trade Policies: An Emerging Synthesis

1990 ◽  
Vol 43 (1) ◽  
pp. 139-167 ◽  
Author(s):  
John S. Odell
Keyword(s):  
United States ◽  
International Trade ◽  
Political Science ◽  
Political Institutions ◽  
Recent Literature ◽  
The United States ◽  
Trade Policies ◽  
Market Conditions ◽  
Theoretical Perspectives ◽  
Beliefs And Values

The international trade problems of the 1980s stimulated an expansion of scholarship on trade policies by economists and political scientists. At least four distinct theoretical perspectives weave their way through recent literature that concentrates on the United States—emphasizing market conditions, policy beliefs and values, national political institutions, and global structures, respectively. New studies in each of these traditions advance beyond the work of their predecessors, but none of the perspectives has yet proved adequate as a single unifying vehicle. Nevertheless, we can also see clear movement toward a synthesis, with single works blending insights from several traditions. Thus, the books under review do not all fall neatly into the familiar exclusive categories of “economics” or “political science.” The emerging synthesis needs strengthening in several ways, including the development of “conditioning hypotheses” that will reduce remaining apparent confusions.

Conclusion

2020 ◽  
pp. 315-322
Author(s):  
Douglas A. Irwin
Keyword(s):  
International Trade ◽  
World Trade ◽  
Trade Policies ◽  
Trading System ◽  
The World ◽  
World Trading System ◽  
And Function ◽  
Open Markets ◽  
The Impact ◽  
Role And Function

This chapter concludes that international trade and trade policies are frequently the object of condemnation rather than approbation. It explains how the condemnation are often the result of misconceptions about the benefits of international trade, the impact of trade policies, and the role and function of the World Trade Organization (WTO). Though the last few decades have been marked by a general reduction in trade barriers, the matter is not settled because the pressures to weaken the commitment to open markets never abate. The chapter emphasizes on difficult policy choices at the intersection of trade policy and climate change that could hold key battles over the world trading system in coming years. It also highlights the several benefits of world trade and the contribution of trade to the welfare and prosperity of billions of people around the world.

scholarly journals When Britain Turned Inward: The Impact of Interwar British Protection

2019 ◽  
Vol 109 (2) ◽  
pp. 325-352 ◽  
Author(s):  
Alan de Bromhead ◽  
Alan Fernihough ◽  
Markus Lampe ◽  
Kevin Hjortshøj O’Rourke
Keyword(s):  
International Trade ◽  
Trade Policy ◽  
Trade Flows ◽  
Conventional Wisdom ◽  
Trade Policies ◽  
The Impact

International trade collapsed, and also became much less multilateral, during the 1930s. Previous studies, looking at aggregate trade flows, have argued that trade policies had relatively little to do with either phenomenon. Using a new dataset incorporating highly disaggregated information on the United Kingdom’s imports and trade policies, we find that while conventional wisdom is correct regarding the impact of trade policy on the total value of British imports, discriminatory trade policies can explain the majority of Britain’s shift toward Imperial imports in the 1930s. (JEL F13, F14, F54, N74)

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