Analysis of Government Role Based on International Trade New Theory
- DOI
- 10.2991/msetasse-16.2016.65How to use a DOI?
- Keywords
- Strategic trade policy, government role, national competitive advantage
- Abstract
About the orientation of the government's role in a country's foreign trade is always a controversial issue in the international trade theory. Mercantilism thought the government should take strict control on international trade and advocated government adopting a policy of the limit the eight. Comparative advantage theory and factor endowment theory argue that the government should not intervene international trade; they advocated promoting the welfare of the countries by free trade. The new international trade theory produced in the 1980s - the theory of strategic trade policy believes that economies scale and imperfect competition market sponge structure, some measures can help to improve the level of a country's economic welfare through the proper use of strategic trade, fiscal policy measures and tariffs, subsidies. This theory will be the role of government in biochemical advocates government intervention in international trade in a positive way.
- Copyright
- © 2016, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Ting Dai PY - 2016/11 DA - 2016/11 TI - Analysis of Government Role Based on International Trade New Theory BT - Proceedings of the 2016 4th International Conference on Management Science, Education Technology, Arts, Social Science and Economics (msetasse-16) PB - Atlantis Press SP - 287 EP - 291 SN - 2352-5398 UR - https://doi.org/10.2991/msetasse-16.2016.65 DO - 10.2991/msetasse-16.2016.65 ID - Dai2016/11 ER -