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globalisation era has brought about the establishment of a number of key international organisations, and brought into greater light already existing institutions in the global economy. In particular, the World Trade Organisation, the Inte...
Obama administration officials (not least USTR Kirk). The Obama administration's approach has led one perceptive observer, Craig VanGrasstek of Harvard's Kennedy School of Government, to label Obama a "passive free trade[r]." VanGrasstek co...
international free trade from the perspective of increasing returns to scale and the network effect. Some economists asked whether it might be effective for a nation to shield infant industries until they grow to sufficient size to compete ...
free trade, the practice of reciprocal non-interference had been followed in the second period between 1934 and 1990, but there had also been very different results ("Civil," 1999). The period witnessed an expansion in terms of the scope of...
policies. Protectionism is the development of a policy to protect the products of their own country, imposing restrictions on entry of the same or similar foreign products by imposing tariffs and taxes on the import, and the more expensive ...
Australian Constitution, the country is a federal state with a constitutional monarchy form of government. Politics in the country is part of a parliamentary democracy. The monarch of Great Britain is the monarch of Australia, and his power...
benefits that open market policies will bring to the economy as a whole. Consequently, in today's policy world, free Trade legislation passes on the margin, where every vote is critical. The loss of even a few proponents of freer Trade poli...