Globalization and protectionism

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Introduction to globalization and protectionism

Protectionism: an indirect subsidy from consumers to producers

1 Demand and supply analysis of protectionism

2 Who benefits and who pays?

3 Key concepts and summary

International trade and its effects on jobs, wages, and working conditions

2 Trade and wages

3 Labor standards and working conditions

4 Key concepts and summary

Arguments in support of restricting imports

1 The infant industry argument

2 The anti-dumping argument

3 The environmental protection argument

4 The unsafe consumer products argument

5 The national interest argument

6 Key concepts and summary

How trade policy is enacted: globally, regionally, and nationally

1 The world trade organization

2 Regional trading agreements

3 Trade policy at the national level

4 Long-term trends in barriers to trade

5 Key concepts and summary

The tradeoffs of trade policy

Source: OpenStax, Principles of economics. OpenStax CNX. Sep 19, 2014 Download for free at http://legacy.cnx.org/content/col11613/1.11

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