Skip to Main Content
International Business: The New Realities, 5th Edition
book

International Business: The New Realities, 5th Edition

by S. Tamer Cavusgil, Gary Knight, John R. Riesenberger
January 2019
Intermediate to advanced content levelIntermediate to advanced
576 pages
33h 19m
English
Pearson
Content preview from International Business: The New Realities, 5th Edition

Instruments of Government Intervention

  1. 7.2 Know the instruments of government intervention.

The main instruments of trade intervention and the traditional forms of protectionism are tariffs and nontariff trade barriers. Individual countries or groups of countries, such as the European Union (europa.eu), can impose these barriers. However, barriers can be a serious impediment to cross-border business. The United Nations estimated that trade barriers alone cost developing economies more than $500 billion in lost trading opportunities with advanced economies every year.11 Exhibit 7.2 highlights the most common forms of government intervention and their effects.

Exhibit 7.2

Types and Effects of Government Intervention

Intervention Type Definition ...
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Start your free trial

You might also like

Fundamentals of International Business

Fundamentals of International Business

Sumati Varma

Publisher Resources

ISBN: 9780136763017