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What is Trade Liberalization

Chapter 5
Handbook of Research on Globalized Agricultural Trade and New Challenges for Food Security
A removal or reduction of restrictions or barriers on the free exchange of goods between nations.
Published in Chapter:
Innovative Approaches to Regulation of Agricultural Production and Trade: Protectionism-Related Effects on Food Security
Anna Ivolga (Stavropol State Agrarian University, Russia) and Alexander Trukhachev (Ministry of Tourism and Recreation of Stavropol Region, Russia)
Copyright: © 2020 |Pages: 17
DOI: 10.4018/978-1-7998-1042-1.ch005
Abstract
The chapter studies contemporary innovative approaches to and practices of state support of agricultural production and trade in food and agricultural products. The authors attempt to discover how protectionist policies in the sphere of production and trade affect the level of food security in the conditions of expanding globalization. The chapter focuses on the investigation of advanced innovative practices of state support in the case of selected OECD countries. The authors reveal that the introduction of innovations into the system of state regulation is one of the key determinants of achieving food security in the conditions of the volatile market. Both the volume and priority directions of innovations in agricultural protectionism policies are discussed and evaluated.
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Chapter 8
Endogenous Growth and R&D Infrastructure: A Dynamic CGE Modelling Approach for India
Process by which world economy is increasing becoming integrated through goods trade movements with free or very low trade barriers and free flow of foreign capital movements. Indian economy has embraced this trade liberalization move right from 1991 and thus on way of crossing 25 years of economic globalization.
Published in Chapter: Endogenous Growth and R&D Infrastructure: A Dynamic CGE Modelling Approach for India; From: Handbook of Research on Economic, Financial, and Industrial Impacts on Infrastructure Development
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Chapter 694
The Economics of Internetization
Also known as free trade encourages trade across national borders of goods and services, the legal transfer of intellectual property and the unregulated flow of financial capital.
Published in Chapter: The Economics of Internetization; From: Encyclopedia of Information Science and Technology, Fourth Edition
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Chapter 7
Soybeans Consumption and Production in China: Sustainability Perspective
Removal of barriers or other restrictions to the free movement of goods and commodities between countries.
Published in Chapter: Soybeans Consumption and Production in China: Sustainability Perspective; From: Environmental, Health, and Business Opportunities in the New Meat Alternatives Market
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Chapter 16
Emerging Trade-Related Threats to Food Security: Evidence From China
A process of reduction or elimination of constraints in the sphere of international trade, including reduction or removal of customs tariffs, import quotas, abolishment of multiple exchange rates, and simplification of administrative requirements to import and export operations.
Published in Chapter: Emerging Trade-Related Threats to Food Security: Evidence From China; From: Handbook of Research on Globalized Agricultural Trade and New Challenges for Food Security
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Chapter 4
USA-China Trade Wars: Back to Protectionism in World Trade
Reducing of trade barriers like quotas, customs tariffs, etc., to ease trade between countries.
Published in Chapter: USA-China Trade Wars: Back to Protectionism in World Trade; From: International Trade Policies in the Era of Globalization
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Chapter 7
Implications of the African Continental Free Trade Agreement (AfCFTA) on the Economy of African States
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Chapter 2
Global Market Trends
The removal or reduction of restrictions or barriers on the free exchange of goods between nations; may involve dismantling of tariff as well as non-tariff barriers.
Published in Chapter: Global Market Trends; From: Handbook of Research on Global Business Opportunities
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Chapter 1
Transformation of China's Agricultural Trade in Response to Emerging Tensions on the Global Market
A process of reduction or elimination of constraints in the sphere of international trade, including reduction or removal of customs tariffs, import quotas, abolishment of multiple exchange rates, and simplification of administrative requirements to import and export operations.
Published in Chapter: Transformation of China's Agricultural Trade in Response to Emerging Tensions on the Global Market; From: International Trade Policies in the Era of Globalization
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Chapter 4
China and the Eurasian Economic Union: A Future of Agricultural Trade in BRICS+ Format
A process of reduction or elimination of constraints in the sphere of international trade, including reduction or removal of customs tariffs, import quotas, abolishment of multiple exchange rates, and simplification of administrative requirements to import and export operations.
Published in Chapter: China and the Eurasian Economic Union: A Future of Agricultural Trade in BRICS+ Format; From: Regional Trade and Development Strategies in the Era of Globalization
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Chapter 5
Environmental Regulation, International Trade, and Informal Sector: Theory, Policy, and Indian Experience
Trade liberalization is a policy measure in the field of international trade. By implementing this state can control the removal or reduction of restrictions or barriers on the free exchange of goods between nations. In general, we have used trade liberalization either in form foreign capital inflow or in terms of tariff reduction.
Published in Chapter: Environmental Regulation, International Trade, and Informal Sector: Theory, Policy, and Indian Experience; From: Handbook of Research on Economic and Political Implications of Green Trading and Energy Use
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Chapter 13
Trade Liberalization, Infrastructure Development, and FDI in India and China
Opening up of foreign trade or external liberalization. Opening up of foreign trade is a watershed in development policy of both India and China. The trade- GDP ratio [(export + import) / GDP] is the most widely used measure of trade openness of a nation. Following the WTO rules it implies substantially lowered tariffs and scaled back other trade barriers and a gradual movement towards a free trade regime.
Published in Chapter: Trade Liberalization, Infrastructure Development, and FDI in India and China; From: Handbook of Research on Economic, Financial, and Industrial Impacts on Infrastructure Development
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Chapter 10
Influence of Tariff Liberalization on Bilateral Trade: Implications for Russia and Its Asian Trade Partners
Gradual cancellation of trade regulations (tariff and non-tariff barriers to trade).
Published in Chapter: Influence of Tariff Liberalization on Bilateral Trade: Implications for Russia and Its Asian Trade Partners; From: International Trade Policies in the Era of Globalization
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