Text-Trade-and-Policies.docVIP

Trade and Policies * E very nation has its own international trade and investment policies. The policies may be publicly pronounced or kept secret; they may be disjointed or coordinated; or they may be applied consciously, or determined by a laissez-faire attitude, which means that government does not intervene in market activities. Whatever form they take, trade policy actions come into play when measures taken by governments affect the flow of trade and investment across national borders. This chapter explores trade and investment issues from both the host country and the home country per