TAILIEUCHUNG - International Business: Session 6

"International Business: Session 6" protectionist policies; economic development programs (export promotion strategy, import substitution strategy); industrial policy (key domestic industries chosen, protected, and promoted); regional agreements. | International Business Session 6 National Trade Policies Protectionist Policies Economic Development Programs Export promotion strategy Import substitution strategy Industrial Policy Key domestic industries chosen, protected, and promoted Regional Agreements 2 Trade Intervention Should a national government intervene to protect the country’s domestic firms by taxing foreign goods entering the domestic market or constructing other barriers against imports? Should a national government directly help the country’s domestic firms increase their foreign sales through export subsidies, government-to-government negotiations, and guaranteed loan programs? 3 Two Types of Rationale for Protectionism Defensive barriers safeguard industries, workers, special interest groups, protect infant industries and to promote national security (export controls). Offensive barriers pursue a strategic or public policy objective, such as increasing employment or generating taxes. International Business: Strategy, Management, and the New Realities 4 National Defense Argument Country must be self-sufficient in critical raw materials, machinery, and technology or else be vulnerable to foreign threats Appeals to general public Protects steel, electronics, and machine tools industries, and merchant marines 5 Infant Industry Argument Imposition of tariffs to give . firms temporary protection from foreign competition until firms are fully established Powerful economic development strategy Which industries should be protected? For how long? 6 Maintenance of Existing Jobs Jobs in high-wage countries threatened by imports from low-wage countries Forms of assistance Tariffs Quotas 7 Protection of the National Economy advanced economies cannot compete with those in developing countries that employ low-cost labor, thus governments should impose trade barriers to block imports Preserving National Culture and Identity Governments seek to protect certain occupations, industries, and public assets .

TỪ KHÓA LIÊN QUAN
TAILIEUCHUNG - Chia sẻ tài liệu không giới hạn
Địa chỉ : 444 Hoang Hoa Tham, Hanoi, Viet Nam
Website : tailieuchung.com
Email : tailieuchung20@gmail.com
Tailieuchung.com là thư viện tài liệu trực tuyến, nơi chia sẽ trao đổi hàng triệu tài liệu như luận văn đồ án, sách, giáo trình, đề thi.
Chúng tôi không chịu trách nhiệm liên quan đến các vấn đề bản quyền nội dung tài liệu được thành viên tự nguyện đăng tải lên, nếu phát hiện thấy tài liệu xấu hoặc tài liệu có bản quyền xin hãy email cho chúng tôi.
Đã phát hiện trình chặn quảng cáo AdBlock
Trang web này phụ thuộc vào doanh thu từ số lần hiển thị quảng cáo để tồn tại. Vui lòng tắt trình chặn quảng cáo của bạn hoặc tạm dừng tính năng chặn quảng cáo cho trang web này.