The World Economy International Trade by Yarbrough Yarbrough

The World Economy: International Trade by Yarbrough & Yarbrough Power. Point Presentation Slides prepared by Robert F. Brooker, Ph. D. Gannon University Copyright © 2006 South-Western/Thomson Learning

Chapter Seven Nontariff Barriers Copyright © 2006 South-Western/Thomson Learning

Figure 1: What Are the Effects of an Import Quota on Good Y? 3

Figure 2: What Happens in Response to Increased Demand under a Tariff and under a Quota? 4

Table 1: Costs of U. S. Import Quotas, 1990 (Millions $) 5

Figure 3: What Are the Effects of an Export Quota? 6

Figure 4: What Are the Effects of an Export Subsidy? Importing-Country Perspective 7

Table 2: U. S. Countervailing-Duty Investigations 8

Figure 5: Countervailing-Duty Actions Reported to the WTO, July 2001 - June 2002 9

Figure 6: What Are the Effects of an Export Subsidy? Exporting-Country Perspective 10

Table 3: Export Subsidies 11

Figure 7: What Are the Effects of a Production Subsidy? 12

Figure 8: Persistent Dumping as International Price Discrimination 13

Figure 9: Antidumping Actions Reported to the WTO, July 2001 - June 2002 14

Figure 10: Examples of Technical and Regulatory Barriers of Trade 15

Table 4: U. S. Antidumping Investigations 16

Table 5: Producer-Subsidy Equivalents in Agriculture (Percent) 17