An Alternative to Free Trade or Protectionism: Why Corporations Seek Strategic Trade Policy

  title={An Alternative to Free Trade or Protectionism: Why Corporations Seek Strategic Trade Policy},
  author={David B. Yoffie and Helen V. Milner},
  journal={California Management Review},
  pages={111 - 131}
Conventional theories of the political economy of trade argue that industries in importcompeting businesses favor protectionism while multinationals and export-dependent corporations advocate unconditional free trade. However, many multinational industries have recently advocated "strategic" trade policies: i.e., potential closure of the domestic market if foreign markets remain closed or if foreign government subsidies are not reduced. This article explains why companies seek strategic trade… Expand
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  • Energy and Commerce Committee, June
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