Chapter 6: Trade Restrictions: Arguments for Protection and the Cost of Protection

Introduction

6.1 The Case for Government Involvement in Protection Against Imports

6.2 Supporting Domestic Production, Employment, and Well-Being

6.3 Comparing and Import Tariff with a Production Subsidy

6.4 The Case of the Infant Industry

6.5 Income Support and Adjustment in Shrinking Industries

6.6 Other Arguments for Protection

6.7 The Cost of Protection

Summary

License

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International Trade and Finance, Part 1 Copyright © 2024 by Kenrick H. Jordan is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License, except where otherwise noted.

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