Abstract
Did protectionist tariffs initiate the Great Depression? Will free trade across international borders benefit all countries involved, or create winners and losers? Is there any middle ground in the globalization debate? This program surveys the history and politics of cross-border trade, identifying ways that nations have tried to strengthen, reduce, or prevent it. Outlining the concept known as pattern of trade, the video examines cases for and against free trade while studying comparative advantage, wage inequality, economies of scale, and the infant industry argument. The evolution of international trade policy is also examined, featuring prominent examples of pro- and anti-protectionist measures: the Smoot-Hawley Tariff Act, GATT, NAFTA, the emergence of the World Trade Organization, and more. The success of East Asian economies following World War II highlights the principle of export-oriented industrialization. A Films for the Humanities & Sciences Production.
Collection
Series
Global economics
Contributors
Duration
00:32:16 (HH:MM:SS)
Language:
English
Target or Intended Audience
Higher education
Copyright Holder
| Name | Films Media Group (Firm) |
| Role | Publisher |
| Telephone | 800-257-5126 |
| Address | 200 Metro Blvd., Suite 124, Hamilton, NJ 08619 |
| [email protected] |
Rights Declaration:
This video is protected by copyright. You are free to view it but not download or remix it. Please contact the licensing institution for further information about how you may use this video.
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