10255285
Description
Mind Map by Jodie Arnold, updated more than 1 year ago
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Created by Jodie Arnold
over 7 years ago
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Chapter 7 - Gov Pol & Inter Trade
- Tariff - tax levied on imports
- Subsidy - govt payment to domestic producer
- Import quotas & voluntary export restraints
- Political arguments for intervention
- Protecting jobs & industries
- Protecting National Security
- Retaliation
- Protecting Consumers
- Furthering Foreign Policy Objectives
- Protecting jobs & industries
- Economic Arguments for intervention
- Infant industry
- Strategic trade policy
- Infant industry
- GATT - general agreement Tariffs and Trade
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