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Comertul liber si protectionist
FREE TRADE AND PROTECTIONISM

Author(s): Benoni Dimulescu
Subject(s): Economy
Published by: Editura Universitaria Craiova
Keywords: free trade; protectionism; tariff; quantitative restriction; subsidy

Summary/Abstract: One of the most interesting debates in economics is about free trade and protectionism. The arguments in favor of both directions are described by the analysis of free trade case and protectionism case. These are based on the economists’ thoughts that, on a side, the state should not intervene in international flow of goods and services and, on another side, it should be created a system of tariffs, quotas and export subsidies in order to protect the national economy of each state in report with the foreign competition.

  • Issue Year: XXXVI/2008
  • Issue No: 1
  • Page Range: 411-417
  • Page Count: 7
  • Language: English