Export Dependence versus the New Protectionism: Constraints on Trade Policy in the Industrial World

1st Edition

Glenn Randall Fong

Routledge
Published May 8, 2019
Reference - 336 Pages
ISBN 9781138305175 - CAT# Y366848
Series: Routledge Library Editions: International Trade Policy

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Summary

In an international political economy characterised both by constancy and change, this study, first published in 1996, links together one seemingly incongruous continuity in international trade relations with an increasingly dramatic development in the economies of industrial countries. On the one hand, industrialised countries have become progressively dependent upon one another. On the other hand, the liberal international trade regime has yet to falter. These two points are tied together by seeking to explain the maintenance of liberal trade relations in terms of the mutual economic dependence of industrial countries. In particular, the study examines what may be a fundamental constraint on trade protectionism today: the reliance of industrialised countries on external trade relations, and especially on markets within the industrial world.

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