Abstract
Trade policy involves the use of tariff and non-tariff interventions which seek to discriminate in favour of domestic firms and against foreign-based firms. As we saw in Chapter 4, at the strategy level the orientation of policy can be described as export-promoting or import-substituting, depending upon whether the net impact of policies is to engender an orientation to the ‘world’ or domestic market.
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© 1988 David Greenaway
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Greenaway, D. (1988). Evaluating the Structure of Protection in Less Developed Countries. In: Greenaway, D. (eds) Economic Development and International Trade. Palgrave, London. https://doi.org/10.1007/978-1-349-19174-1_5
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DOI: https://doi.org/10.1007/978-1-349-19174-1_5
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-42493-3
Online ISBN: 978-1-349-19174-1
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