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.Other non-tariff restrictions, Economic Models of International Trade,…
.Other non-tariff restrictions
Quantitative
Import permits or
export
Anti-dumping taxes
Quotas
Non-quantitative
Packaging Requirements
Origin marking
Sanitary regulations
Economic Models of International Trade
Movements that have goods and services through different countries in their markets
Models
Mercantilist ideas
It was based on private property and the use of
markets as a way of organizing economic activity.
David Ricardo.
It states that countries that specialize in exporting goods require large quantities of the factors of production in which they are comparatively more abundant
Hecksher – Ohli
Relative abundance of a factor (labor or capital), will have a comparative and competitive advantage
The Ideas of Adam Smith
Known as the father of economics
Other models
Comparative advantage
Perfect Competition
Absolute advantage
Economies of scale and imperfect competition
TARIFF
They are used to obtain a government income or to
protect domestic industry from import competition
Partial Equilibrium Theory
Alfred Marshall
(1842-1924).
It studies the mechanisms by which
determine the quantity and equilibrium price in a market
Optimal Tariff
It allows the country that imposes it to reach the curve of indifference
social farthest from the origin.
Effective Tariff Protection
Resulting from the quotient between the difference between protection and
output and input protection, and tariff-free value added
Nominal Tariff Protection
Resulting from dividing the tariff on the
product in question, for the price of that product.
Tariff Types
Ad Valoren -- Mixed -- Specific
