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Free Trade and Protectionism

Author

Listed:
  • Benoni DIMULESCU

    (University of Craiova)

Abstract

One of the most interesting debates in economics is about free trade and protectionism. The arguments in favor of both directions are described by the analysis of free trade case and protectionism case. These are based on the economists’ thoughts that, on a side, the state should not intervene in international flow of goods and services and, on another side, it should be created a system of tariffs, quotas and export subsidies in order to protect the national economy of each state in report with the foreign competition.

Suggested Citation

  • Benoni DIMULESCU, 2008. "Free Trade and Protectionism," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 1(36), pages 411-417, May.
    • Handle: RePEc:aio:aucsse:v:1:y:2008:i:11:p:411-417
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    File URL: http://feaa.ucv.ro/AUCSSE/0036v1-025.pdf
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    More about this item

    Keywords

    free trade; protectionism; tariff; quantitative restriction; subsidy;
    All these keywords.

    JEL classification:

    • F00 - International Economics - - General - - - General
    • F10 - International Economics - - Trade - - - General

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