Search results for keyword: protectionist
reciprocal tariff
Mutual Benefit Tariffs
When governments set tariffs on goods, the philosophy that lies beneath the push for a more equitable situation is often mutual benefit tariffs. These tariffs are part of a worldwide effort to create fair, open trading conditions across countries, providing all sides with a......
19/07/2023 
2405 
Sophia
new trade protectionism
New Trade Protectionism
In recent years, the wave of “protectionism” has spread across the world. Protectionism refers to the practice of restricting imports from other countries to protect the domestic economy from foreign competition. The main trade protectionist measures taken by countries i......
Business and trade-related terms in English and Chinese
Business and Trade Connected Terms English-Chinese
1.Global Trade（全球贸易）
英文：Global Trade
中文：全球贸易
2.Export Trading Company（出口贸易公司）
英文：Export Trading Company
中文：出口贸易公司
3.Export License（出口许可）
英文：Export License
中文：出口许可
4.Import Tariff（进口......
Geographic direction of foreign trade
International Trade Geography
International trade is widely recognized as one of the engines of global economic growth, providing not only new opportunities for many countries, but also stimulating global economic development. As such, it is an increasingly important part of the international eco......
Prebisch's New Theory of Protection Trade
Introduction:
Free trade has been a contentious issue since the eighteenth century, when Adam Smith famously proposed it as a source of economic growth and transformation. However, the debate has shifted since then and the concept of protectionism has gained more acceptance. This essay will exami......
trade balance
Start
The concept of trade balance is one of the key concepts in the field of international economics. Trade balance refers to the calculation of the total value of a countrys imports and exports, and the degree to which they are in balance. A countrys trade balance is commonly measured by the ba......
trade surplus
International trade surplus
The terms trade surplus or net exports refer to the amount of money a country earns from exports minus the money it spends on imports. A nation or country can have a trade surplus if its exports exceed imports, a situation which is beneficial for the country since it e......
Trade Policy Distortion Effect Theory
The Trade Policy Distortion Effect
Introduction
It is no secret that the global economy is currently facing one of the biggest economic downturns in history. The financial crisis that started in 2008, coupled with the ongoing decline in oil prices, has caused a serious decline in global trade an......
trade deficit
？
Introduction
This paper seeks to assess the causes and effects of Indonesia’s Trade Deficits. Indonesia’s current account balance has been in deficit for the last five years and this imbalance is expected to remain for the foreseeable future. On the current account side, the trade balance has......
Lister's Theory of Protection Trade
Adam Smith, the undisputed father of modern economics, seemed to favor the idea of free trade and competition between nations in the economy. By contrast, Richard Cobden and John Bright advocated the idea of protectionism, or placing tariffs on imported goods in order to protect domestic producers......
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