Political Science 2231E Lecture Notes - Lecture 11: International Trade, Mercantilism, Ogame
28 Apr 2019
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It emphasizes absolute over relative gains and, in practice, a commitment to free trade, free capital ows, and an. A policy of self-reliance, avoiding or minimizing trade and trying to produce everything one needs (or the most vital things) by oneself. States that have relied on a policy of autarky have indeed lagged behind others. Protectionism othe protection of domestic industries against international competition, by trade tariffs and other means. oa state"s motivation to protect domestic industry can arise from several sources. Trade regimes owto oan organization begun in 1995 that replaced the gatt and expanded its traditional focus on manufactured goods. The wto created monitoring and enforcement mechanisms. oglobal, multilateral intergovernmental organization (igo) that promotes, monitors, and adjudicates international trade oby 2016, 161 countries including all of the world"s major trading states. A mechanism by which some industrialized states began, in the.
