Protectionist Trade Policies: A Survey of Theory, Evidence and Rationale

Cletus C. Coughlin · K. Alec Chrystal · Geoffrey E. Wood

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Global trade and economics Economic, financial, and policy analysis Global Trade and Competitiveness

Abstract

Cletus C. Coughlin, K. Alec Chrystal, and Geoffrey E. Wood survey the theory evidence and rationale concerning protectionist trade policies. The authors illustrate the gains from free trade using the concept of comparative advantage and review recent developments concerning the consequences of international trade in imperfectly competitive markets.

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References

1971The Theory of Economic Regulation 1975MONOPOLISTIC COMPETITION AND OPTIMUM PRODUCT DIVERSITY 1941Protection and Real Wages 2018The Principles of Political Economy and Taxation 1910Principles of Political Economy.1980Intra-industry trade under perfect monopolistic competition 1981International trade in the presence of product differentiation, economies of scale and monopolistic competition 1981Intra-industry trade in identical commodities

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