The Political-Support View of Protection

This paper offers a selective, interpretative survey of the literature on the political-support component of the political economy of international trade policy. Much of the literature is characterized either by a discrepancy between what policymakers say they are doing and how the theory models their actions (the Cognitive Dissonance problem) or by a lack of a detailed microeconomic and micro-political foundation (the Black Box problem).

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Paper Number
11-026
Year
2011
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