An Appraisal of the Instruments of Trade Policy
Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 4
Abstract
The current paper reviews various instruments of trade policy available at the disposal of the government to influence imports and exports. In the context of growing inclination of many countries towards adopting protectionist policies, the paper describes various methods adopted by modern countries to discourage imports. The paper has been divided into three parts. The first section introduces the need and importance of the topic. The second section illustrates various tariff and non-tariff instruments of trade policy which can be adopted to discourage imports. The last section concludes the paper with a word of caution while using protectionist policies.
Authors and Affiliations
Dr. Satyajeet S Deshpande
Keywords
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- EP ID EP410179
- DOI 10.9790/487X-2004017681.
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