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1、2021/3/10,授课：XXX,1,International Economics,2021/3/10,授课：XXX,2,Chapter 8 The Political Economy of Trade Policy,Main Contents,The theory of Second Best The terms of trade argument for a tariff The domestic market failure argument against free trade Game between nations -prisoners dilemma,2021/3/10,授课：
2、XXX,3,. The Second Best Theory -a general basis for protectionism,.A Graphic Example J. Viner 1950 J. E. Meade 1955 . Generalized Analysis on Trade Policy R.G.Lipsey and K.Lancaster 1956,2021/3/10,授课：XXX,4,H,T,A,B,C,D,E,A Graphic Example: The Second Best,2021/3/10,授课：XXX,5,Differences between two wo
3、rlds,2021/3/10,授课：XXX,6,. The terms of trade argument for a tariff,. the dual effects of a tariff on the welfare,Terms of trade will be improved.,Production/consumption distortion loss will be produced.,2021/3/10,授课：XXX,7,a,b,c,S1 S2 D2 D1,Q,P,PT,PW,P*T,The net costs of a tariff = a+bc,S,D,2021/3/10
4、,授课：XXX,8,. The terms of trade argument,In some cases, the terms of trade benefits of a tariff outweigh its costs.,2021/3/10,授课：XXX,9,1,optimum prohibitive Tariff rate tariffs, t0 tariff rate, tP,National welfare,2021/3/10,授课：XXX,10,. The domestic market failure argument against free trade,domestic market failure,defects of labor /capital market technological spillovers others,2021/3/10,授课：XXX,11,P,S,D,Q,PW +t,Dollars,Q,S1 S2,PW,S1 S2 D2 D1,Marginal social benefit,a,b,c,2021/3/10,授课：XXX,12,素材和资料部分来自网络，如有帮助请下载!,