Chapter 19: Trade and Development
Chapter Outline
- Trade Trend and Patterns
- Import Substitution
- Protective Tariffs
- Import Quotas
- Production Subsidies
- Exchange-Rate Management
- Outcomes of Import Substitution
- Outward Orientation and Export Promotion
- Policies Supporting Outward Orientation
- The Benefits of Outward Orientation
- Trade and Growth: The Empirical Evidence
- Trade Volumes, Trade Policy, and Growth
- Trade and Poverty Reduction
- Key Issues on the Global Trade Agenda
- Increased Global Competition and the Rise of China and India
- Does Outward Orientation Create Sweatshops?
- Expanding Market Access
- Multilateral Trade Negotiation and the WTO
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