Chapter 6: The Political Economy of International Trade
{"Image DocumentName": "Chapter 6: The Political Economy of International Trade", "Image ImageDescription": "Strategic Trade Policy. Strategic trade policy suggests that in cases where there may be important first mover advantages, governments can help firms from their countries attain these advantages. Strategic trade policy also suggests that governments can help firms overcome barriers to entry into industries where foreign firms have an initial advantage. Country Focus: Trade in Hormone-Treated Beef. Summary. This feature describes the trade battle between the U.S. and EU over beef from cattle that have been given growth hormones. It outlines the basic issues that led to the dispute, and shows how the World Trade Organization has treated the case. Suggested Discussion Questions. 1. Why is the EU so concerned about beef from cattle that have been given growth hormones? 2. Why did the WTO rule against the EU?", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}