General Equilibrium Analysis of U. S. Foreign Trade Policy

Name: General Equilibrium Analysis of U. S. Foreign Trade Policy
Availability: OutOfStock
ISBN: 9780262041225

ISBN-10: 0262041227

ISBN-13: 9780262041225

Edition: 1992

Authors: Jaime De Melo, David W. Tarr

List price: $58.00

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Description:

Using applied general equilibrium methods to analyze recent debates about the conduct of U.S. foreign trade policy, de Melo and Tarr show that in terms of costs to the economy and to consumers, nontariff barriers in textiles, automobiles, and steel have more than reversed the benefits of cumulative tariff liberalization achieved in successive postwar GATT rounds. The authors' model is the first large-scale computer simulation of the effects of changes in U.S. import quotas. It begins with perfect competition, proceeds to imperfect factor markets, and then introduces increasing returns to scale and imperfect product markets. The basic model and its variants are carefully explained to show…

Book details

List price: $58.00
Copyright year: 1992
Publisher: MIT Press
Publication date: 11/27/1991
Binding: Hardcover
Pages: 310
Size: 6.50" wide x 9.25" long x 1.00" tall
Weight: 1.342
Language: English