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Trade Policy and Global Uncertainties: How to Promote an Open Trade Agenda.
- Source :
- Australian Economic Review; Dec2019, Vol. 52 Issue 4, p455-461, 7p
- Publication Year :
- 2019
-
Abstract
- EU trade policy initiatives since 1995 offer better products at lower prices with estimated annual savings of up to €60 billion annually, which is especially beneficial for low‐income households who spend a larger share of income on basic commodities. If trade is so beneficial, why is there so much discontent? The paper argues that a convincing communication strategy in support of trade policy is key for trade policy legitimacy and gives the example of the European Commission's #FTAcomes2town platform based on firm‐level data. Politicians can zoom in across all EU members to find examples of small companies in their constituency exporting and creating jobs due to a trade measure. [ABSTRACT FROM AUTHOR]
- Subjects :
- COMMERCIAL policy
INTERNATIONAL trade
COMMERCE
BASIC income
JOB creation
Subjects
Details
- Language :
- English
- ISSN :
- 00049018
- Volume :
- 52
- Issue :
- 4
- Database :
- Complementary Index
- Journal :
- Australian Economic Review
- Publication Type :
- Academic Journal
- Accession number :
- 139960078
- Full Text :
- https://doi.org/10.1111/1467-8462.12349