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Over the past fifty years, barriers to international trade have decreased substantially. While the decline in protectionism since World War II has stemmed partly from unilateral changes in trade policy by countries, it also has been a result of agreements among countries to liberalize their...
Persistent link: https://www.econbiz.de/10014224878
How did the COVID-19 pandemic affect public attitudes toward international trade? While the economic shock and perceived foreign threat associated with the pandemic might have increased protectionist sentiments, the rapidly evolving sense of isolation, rising prices, and shortages of various...
Persistent link: https://www.econbiz.de/10014082762
Societal theories of trade policy stress the importance of domestic interest groups, whereas statist theories focus on the effects of domestic institutions. Debates over the relative merits of these approaches have been fierce, but little systematic empirical research has been brought to bear on...
Persistent link: https://www.econbiz.de/10014029181
We review and analyze some recent research on regionalism. We begin by discussing how various studies have defined regions and regionalism. Because much of the work has been conducted by economists, we then turn to a summary of the economics of regionalism. However, it is widely held that...
Persistent link: https://www.econbiz.de/10013137147
We analyze whether--and, if so, how--Americans reacted to the escalation of the trade war between the United States and China in June 2018. To address this issue, we leverage surveys conducted in the U.S. during this phase of the economic clash. We find a significant reduction in support for...
Persistent link: https://www.econbiz.de/10014346288
Despite their less vulnerable economic status, white individuals' attitudes toward overseas trade in the U.S. may have become more protectionist than those of economically disadvantaged minorities. We present results from five different studies examining two different ways in which trade may...
Persistent link: https://www.econbiz.de/10012826154