Political economy of trade policy

  title={Political economy of trade policy},
  author={Dani Rodrik},
  journal={Handbook of International Economics},
  • D. Rodrik
  • Published 1995
  • Economics
  • Handbook of International Economics
Publisher Summary This chapter discusses the political economy of trade policy. In principle, a political-economy model of trade policy must have four elements. Much of the trade theory is devoted to analyzing the consequences of trade policy for individuals who derive their incomes from different factors of production or sectors. First, it must contain a description of individual preferences over the domain of policy choices available to policymakers. Given an underlying economic model of the… Expand
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