International Trade and Protection in Financial Services

Ingo Walter

in Trade Policy and Corporate Business Decisions

Published in print April 1990 | ISBN: 9780195055382
Published online October 2011 | e-ISBN: 9780199855056 | DOI:
International Trade and Protection in Financial Services

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This chapter redefines the nature of protectionism. In it, protectionism is seen as a set of actions that limit access to markets, and can more broadly be defined as inequality of competitive opportunity. The chapter also defines the conditions under which the free trade objective is achieved—equal access to markets for all competitors. It also contributes to a conceptual understanding of protectionism in one additional way, and adds yet another set to the list of instruments by which government can pursue protectionist objectives.

Keywords: international trade; competitors; protectionism

Chapter.  8844 words. 

Subjects: Economic Systems

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