[经济学]INTERNATIONAL ECONOMICS9.pptVIP

（九）The Political Economy of Trade Policy Introduction Chapter organization 1.The Case for Free Trade 2.National Welfare Arguments Against Free Trade 3.Income Distribution and Trade Policy 4.International Negotiations and Trade Policy 5. Summary 1.The Case for Free Trade (1).Free Trade and Efficiency (2).Additional Gains from Free Trade (3).Political Arguments for Free Trade Case Study: The Gains from 1992 Free Trade and Efficiency The efficiency argument for free trade is based on the result that in the case of a small country, free trade is the best policy. A tariff causes a net loss t