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Concept information

... > social science subjects > business and management > international business > economics of international business > economic theories of international business > new trade theory

Preferred term

new trade theory  

Definition(s)

  • A theory that argues that it is possible for protectionism to be sometimes better than free trade. This theory became more prominent in the 1980s as a result of the U.S. trade deficit with Japan. [Source: The SAGE Glossary of the Social and Behavioral Sciences; Trade Theory, New]

Broader concept(s)

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URI

http://data.loterre.fr/ark:/67375/N9J-N9RJKF5J-K

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