PROBLEMS OF INTERNATIONAL TRADE POLICY AND PROTECTIONISM
DOI:
https://doi.org/10.55640/Keywords:
international trade policy, protectionism, tariffs, non-tariff barriers, economic efficiency, global trading system, competitive environment, economic integration, trade conflictsAbstract
This scientific article comprehensively analyzes the theoretical foundations of protectionism within the framework of international trade policy and its role in the modern global economy. The study studies the impact of tariff and non-tariff restrictions on economic efficiency, market balance, and the competitive environment based on a systematic approach. Also, the experience of developed and developing countries is comparatively analyzed, and the short and long-term consequences of protectionism are scientifically explained. The results of the study show that protectionism can ensure economic stability in the short term, but in the long term it reduces the efficiency of resource allocation and limits economic growth.
References
1.Krugman, P., Obstfeld, M. International Economics: Theory and Policy
2.Rodrik, D. The Globalization Paradox
3.Stiglitz, J. Globalization and Its Discontents
4.WTO reports
5.World Bank data
6.IMF analytical materials
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Authors retain the copyright of their manuscripts, and all Open Access articles are disseminated under the terms of the Creative Commons Attribution License 4.0 (CC-BY), which licenses unrestricted use, distribution, and reproduction in any medium, provided that the original work is appropriately cited. The use of general descriptive names, trade names, trademarks, and so forth in this publication, even if not specifically identified, does not imply that these names are not protected by the relevant laws and regulations.
