贸易保护主义资料.pptVIP

Free Trade and protectionism International trade International trade develop fast since world war II. So did Vertical specialization. Vertical specialization occurs when a country uses imported intermediate parts to create a good it later exports—that is, the country links sequentially with other countries to produce a final good. vertical specialization has accounted for a large and increasing share of international trade over the last several decades. They also note that because the trends encouraging vertical specialization—lower trade barriers and improvements in transportation and comm