Questions from Globalization

Q: What were some of the reasons for the decline in the import

What were some of the reasons for the decline in the import-substituting industrialization strategy in favor of a strategy that promotes open trade?

Q: What are the disadvantages of engaging in strategic trade policy even in

What are the disadvantages of engaging in strategic trade policy even in cases in which it can be shown to yield an increase in a country’s welfare?

Q: It’s widely believed that self-driving vehicles will become commonplace in

It’s widely believed that self-driving vehicles will become commonplace in the fairly new future and that their growth will be fast for years to come. Doesn’t this mean that the United States should h...

Q: If the United States had its way, it would demand that

If the United States had its way, it would demand that Japan spend more money on basic research in science and less on applied research into industrial applications. Explain why in terms of the analys...

Q: What are the key assumptions that allow strategic trade policy to work

What are the key assumptions that allow strategic trade policy to work in the Brander-Spencer example of Airbus and Boeing?

Q: Some retailers in advanced countries sell products from developing countries with low

Some retailers in advanced countries sell products from developing countries with low wages but assure customers that these goods are produced under tolerable working conditions. Is demanding that kin...

Q: What is the main critique against the WTO with respect to environmental

What is the main critique against the WTO with respect to environmental protection? How does the WTO justify its position on trade disputes that involve environmental issues?

Q: France, in addition to its occasional stabs at strategic trade policy

France, in addition to its occasional stabs at strategic trade policy, pursues an active nationalist cultural policy that promotes French art, music, fashion, cuisine, and so on. This may be primarily...

Q: Modern communications technology is making it possible to perform many services—

Modern communications technology is making it possible to perform many services—e.g., reading X-rays or even doing legal research—from remote locations. How does this affect the potential gains from t...

Q: Many countries have value-added taxes—taxes that are paid

Many countries have value-added taxes—taxes that are paid by producers, but are intended to fall on consumers. (They’re basically just an indirect way of imposing sales taxes.) Such value-added taxes...