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...
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...
What effect is the same for both a price ceiling and a price floor? What is protectionism? Give an example. What are the positive effects of having a price ceiling and price floor? What is contingent valuation? Give an example. What is a public good? Give some examples. ...
What are the main arguments for protectionism? What do the terms of trade measure? What are the different types of trade barriers? What are the arguments for trade barriers? What are the consequences of trade barriers? What is a duopoly in economics?
"But we need to ask ourselves the question as to why some of these measures are now being taken, and why we have seen over the last 15 years or so, increasing instances of protectionism." Cormann continued, "It is true that globalization hasn't worked as well as it could have and...
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 conversation about tariffs grew during the first administration of President Trumpas part of his economic policy, which was known as “America First.” This policy concerned Americanprotectionism, which typically means more tariffs. The first tariffs imposed in 2018 were on solar panels and washi...
Today the world faces new challenges and many leaders are on the defensive against the forces of protectionism, ultra-nationalism and anti-intellectualism. Emotions are running high as people are caught up in identity politics and culture wars, fighting over questions of globalization, race, religion...
What is protectionism? Give an example. Explain what price control is. What are externalities? Give an example of a good that involves an externality. What are some example of a positive externality? What is price regulation? What are some negative effects of price discrimination?
The opposite of free trade is protectionism—a highly-restrictive trade policy intended to eliminate competition from other countries. Today, most industrialized nations take part in hybrid free trade agreements (FTAs), negotiated multinational pacts which allow for, but regulate tariffs, quotas, and ...