Trade Policy Issues and Developments

Trade Policy Issues and Developments

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The continued drift toward protectionism poses a threat to the balanced expansion of world trade in the medium term and to the prospects for suA›taining economic recovery. In the past several years, most industrial countries have become more protectionist than before, despite the continued tariff cuts of the Tokyo Round and limited instances of liberalization of nontariff barriers.Japanese import penetration in the United Kingdom has been maintained below 11 percent on the basis of ... Canada Since 1981, imports of passenger cars from Japan have been restricted by a€œvoluntarya€œ export restraints by Japan, similar toanbsp;...

Title:Trade Policy Issues and Developments
Author:Ms. Naheed Kirmani, Mr. Shailendra J. Anjaria, Mr. Arne B. Petersen
Publisher:International Monetary Fund - 1985-07-08


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