Since the 1980s, economists have used the concept of strategic trade policy, which takes account of imperfect competition and increasing returns in the internat
This volume of original essays brings the practical world of trade policy and of government and business strategy together with the world of academic trade theo
International trade is a key dimension of the world economy, it is a critical factor in raising living standards, increasing employment, and providing a larger
New theories of international trade suggest that pro- tectionism can make sense. This finding depends on the in- troduction of market power and increasing retur