Trade Policy and WTO Accession for Economic Development : Application to Russia and the CIS, Module 1. Trade Policy Principles

This module illustrates the basics of trade policy analysis. It focuses on the following questions: 1) What do countries gain by trading with each other instead of opting for self sufficiency?; 2) What are the main instruments of trade policy?; 3)...

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Main Authors: Navaretti, Giorgio Barba, Epifani, Paolo
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/656321484051280250/Module-1-Trade-policy-principles
http://hdl.handle.net/10986/25935
id okr-10986-25935
recordtype oai_dc
spelling okr-10986-259352021-04-23T14:04:32Z Trade Policy and WTO Accession for Economic Development : Application to Russia and the CIS, Module 1. Trade Policy Principles Navaretti, Giorgio Barba Epifani, Paolo TRADE INDUSTRY IMPORT EXPORT FINANCE MARKET GROWTH CUSTOMS DATA POLICY GAINS PRODUCTION PRICE This module illustrates the basics of trade policy analysis. It focuses on the following questions: 1) What do countries gain by trading with each other instead of opting for self sufficiency?; 2) What are the main instruments of trade policy?; 3) How do they affect prices, output and welfare?; and 4) What are the effects of trade policy in the presence of market imperfections. This book is arranged as follows: In Section one, the authors show how the main welfare effects of trade policy can be analyzed. In Section two, the authors illustrate the main sources of gains from trade, namely, how and why international trade raises welfare. In Section three, the authors examine the main trade policy instruments and discuss their welfare effects, while in Section four the authors ask whether there is scope for trade policy in the presence of externalities generated by domestic production or when markets are imperfectly competitive. The main issues will be illustrated in very simple and intuitive terms. Boxes will instead provide a more rigorous analysis of the arguments discussed in this module. 2017-01-25T20:51:04Z 2017-01-25T20:51:04Z 2004-07-15 Working Paper http://documents.worldbank.org/curated/en/656321484051280250/Module-1-Trade-policy-principles http://hdl.handle.net/10986/25935 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper Europe and Central Asia Russian Federation
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic TRADE
INDUSTRY
IMPORT
EXPORT
FINANCE
MARKET
GROWTH
CUSTOMS
DATA
POLICY
GAINS
PRODUCTION
PRICE
spellingShingle TRADE
INDUSTRY
IMPORT
EXPORT
FINANCE
MARKET
GROWTH
CUSTOMS
DATA
POLICY
GAINS
PRODUCTION
PRICE
Navaretti, Giorgio Barba
Epifani, Paolo
Trade Policy and WTO Accession for Economic Development : Application to Russia and the CIS, Module 1. Trade Policy Principles
geographic_facet Europe and Central Asia
Russian Federation
description This module illustrates the basics of trade policy analysis. It focuses on the following questions: 1) What do countries gain by trading with each other instead of opting for self sufficiency?; 2) What are the main instruments of trade policy?; 3) How do they affect prices, output and welfare?; and 4) What are the effects of trade policy in the presence of market imperfections. This book is arranged as follows: In Section one, the authors show how the main welfare effects of trade policy can be analyzed. In Section two, the authors illustrate the main sources of gains from trade, namely, how and why international trade raises welfare. In Section three, the authors examine the main trade policy instruments and discuss their welfare effects, while in Section four the authors ask whether there is scope for trade policy in the presence of externalities generated by domestic production or when markets are imperfectly competitive. The main issues will be illustrated in very simple and intuitive terms. Boxes will instead provide a more rigorous analysis of the arguments discussed in this module.
format Working Paper
author Navaretti, Giorgio Barba
Epifani, Paolo
author_facet Navaretti, Giorgio Barba
Epifani, Paolo
author_sort Navaretti, Giorgio Barba
title Trade Policy and WTO Accession for Economic Development : Application to Russia and the CIS, Module 1. Trade Policy Principles
title_short Trade Policy and WTO Accession for Economic Development : Application to Russia and the CIS, Module 1. Trade Policy Principles
title_full Trade Policy and WTO Accession for Economic Development : Application to Russia and the CIS, Module 1. Trade Policy Principles
title_fullStr Trade Policy and WTO Accession for Economic Development : Application to Russia and the CIS, Module 1. Trade Policy Principles
title_full_unstemmed Trade Policy and WTO Accession for Economic Development : Application to Russia and the CIS, Module 1. Trade Policy Principles
title_sort trade policy and wto accession for economic development : application to russia and the cis, module 1. trade policy principles
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/656321484051280250/Module-1-Trade-policy-principles
http://hdl.handle.net/10986/25935
_version_ 1764460488059518976