ADM 3318 Lecture 9: Chapter 6 - Part 2

• School: University of Ottawa
• Department: Administration
• Course: ADM 3318
• Professor: Hassan Ebrahimi

Document Summary

Government intervention types: political, political arguments for intervention are concerned with protecting the interests of certain groups within a nation (normally producers), often at the expense of other groups (normally consumers). Intervention for protecting jobs, protecting industries deemed important for national security, retaliating to unfair foreign competition, protecting (cid:272)o(cid:374)su(cid:373)ers fro(cid:373) (cid:862)da(cid:374)gerous(cid:863) produ(cid:272)ts, furtheri(cid:374)g the goals of foreig(cid:374) poli(cid:272)y, and protecting the human rights of individuals in exporting countries: economic. Intervention are typically concerned with boosting the overall wealth of a nation (to the benefit of all, both producers and consumers). Political arguments for intervention: protecting jobs and industries, the most common political reason for trade restrictions is "protecting jobs and industries. , usually this results from political pressures by unions or industries that are. Governments also use trade policies to put pressure on governments to make other changes. In recent years the us has had trade restrictions against libya, iran, iraq,