haku: @author Yoffie, D. B. / yhteensä: 10
viite: 5 / 10
| Tekijä: | Yoffie, D. B. Milner, H. V. |
| Otsikko: | An alternative in free trade protectionism: why corporations seek strategic trade policy. |
| Lehti: | California Management Review
1989 : SUMMER, VOL. 31:4, p. 111-113 |
| Asiasana: | TRADE POLICY FREE TRADE TRADE BARRIERS CORPORATE STRATEGY |
| Kieli: | eng |
| Tiivistelmä: | Conventional theories of the political economy of trade argue that industries in import-competing businesses favour 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. The choice of a strategic trade policy is explained. If an industry is characterized by firms with symmetric strategies, it will seek strategic trade policy; but if the industry is highly segmented, it is more likely to become protectionist. Four studies are presented and strategic implications are demonstrated. |
SCIMA