Certain countries have practiced unilateralism, protectionism and hegemonism, hampering economic globalization and threatening a global economic recession. It is imperative to address such global problems as sluggish economic growth, shortcomings in economic governance, and imbalanced economic development. It i...
Zhao Jing, deputy researcher at the International Cooperation Center of the National Development and Reform Commission, said that large multinational enterprises face mounting operational pressure and had to respond to the crisis with layoffs and downsizing. Zhao said this is not only a strategic adjust...
While close economic cooperation and a more open world economy are desperately needed for global economic recovery, drumming for protectionism is the last thing the world needs.■
What is the relation between tariff and quota and price support system? What is the difference between economic costs and accounting costs of a firm? Economically, what is price leadership? What is protectionism? Who tends to support it?
While the number of patents and infringement cases in China has increased rapidly over the past 40 years, some researchers have argued that China’s intellectual property (IP) protection promotes local protectionism because of imbalances in the IP jurisdiction (PWC 2011). Some researchers see China...
It has been fashionable to talk about protectionism in economic terms ever since the reconstruction and development after the Second World War, but this is merely jargon for a well-known human characteristic. In economics, the term is often used in a negative way—one country accuses another of...
Any cost or economic projections specific to the Trump campaign's platform are highly uncertain and difficult to calibrate at this point.The Trump campaign has not released details on how the policies that would lower corporate taxes, reduce regulation, increase trade protectio...
A quota or protectionism is a government-imposed trade restriction limiting the number or value of goods a nation imports or exports during a specific time.
The theory of comparative advantage helps to explain whyprotectionismis typically unsuccessful. Adherents to this analytical approach believe that countries engaged in international trade will have already worked toward finding partners with comparative advantages. ...
Mercantilism's theory relating to financial wealth building and state power supported the use of protectionism to increase export revenue and decrease imports. It sparked an age of exploration and colonization in an effort to secure raw materials, controllable trade partners, and a net transfer of ...