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International Trade Chapter 8

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Presentation on theme: "International Trade Chapter 8"— Presentation transcript:

1 International Trade Chapter 8
Robert C. Feenstra and Alan M. Taylor International Trade Second Edition Chapter 8 Import Tariffs and Quotas under Perfect Competition Copyright © 2011 by Worth Publishers

2 Figure 8.1 Consumer and Producer Surplus Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

3 Figure 8.2 The Gains from Free Trade at Home Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

4 Figure 8.3 Home Import Demand Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

5 Figure 8.4 Tariff for a Small Country Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

6 Figure 8.5 Effect of Tariff on Welfare Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

7 Table 8.1 U.S. ITC Recommended and Actual Tariffs for Steel Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

8 Figure 8.6 Foreign Export Supply Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

9 Figure 8.7 Tariff for a Large Country Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

10 Figure 8.8 Tariffs and Welfare for a Large Country Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

11 Table 8.2 Optimal Tariffs for Steel Products Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

12 Figure 8.9 Quota for a Small Country Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

13 Table 8.3 Annual Cost of U.S. Import Protection ($ billions) Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

14 Figure Changes in Clothing and Textile Exports to the United States after the MFA, 2004–2005 Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

15 Figure 8.10 (a) Changes in Clothing and Textile Exports to the United States after the MFA, 2004–2005 Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

16 Figure 8.10 (b) Changes in Clothing and Textile Exports to the United States after the MFA, 2004–2005 Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers


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