strategic trade policy argument for a tariff

Definition

Economics

• In an example of

  strategic trade policy

  , the use of a tariff to extract

  monopoly

  profits from a foreign monopolist, or to shift profit from foreign to

  domestic

  competitors in an

  international

  oligopoly. The monopoly case seems to have originated with Katrak (1977), but the classic treatment of the larger issue is Brander and Spencer (1984).

Nearby Definitions of “strategic trade policy argument for a tariff”

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Contexts for “strategic trade policy argument for a tariff”

1 definition in context
• Economics