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3. Some believe there is a disconnect between trade theory and trade policy. What rationale could the United States use to support its trade policies? Give specific examples. 4. When would a country,...

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3. Some believe there is a disconnect between trade theory and trade policy. What rationale could the United States use to support its trade policies? Give specific examples.

4. When would a country, such as France, use socioeconomic rather than geopolitical reasons to support its trade policy? Can you provide some examples?

Answered 120 days After May 23, 2022

Solution

Tanmoy answered on Sep 20 2022
50 Votes
TRADE POLICY
Table of Contents
Solution 1    3
Solution 2    3
References    4
Solution 1.
In terms of health, safety along with various facilities associated with environment, the standards in United States are of high standards compared to the other countries. In other countries these standards are of low category and suffers from various inconsistencies. In United States these standards are constantly monitored and protected by the federal government and administration US for safeguarding the citizens of the country. Therefore, it is due to these reasons the American companies are competitive in comparison to other developing and developed nations globally. Also, the companies in America complies with the International Labour Organization standards...
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