Munich Personal RePEc Archive

Instruments of Trade Policy

Jehle, Geoffrey (2013): Instruments of Trade Policy. Published in: Handbook of Trade Policy for Development (2013): pp. 145-183.

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Abstract

Governments implement a variety of policies targeting international trade—both imports and exports—and they do so for a variety of reasons. In this chapter, we examine the principal instruments of trade policy used by modern governments. Our goal will be to understand the impact each one has on the allocation of resources and on the distribution of welfare to consumers, producers, and government in the country that employs it.

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