By Helen V. Milner
Why did not the protectionist spiral of the Nineteen Twenties reappear within the Seventies in gentle of comparable monetary and political realities? In Resisting Protectionism, Helen Milner analyzes the expansion of foreign fiscal interdependence and its results on alternate coverage within the usa and France. She argues that the constrained protectionist reaction of the Nineteen Seventies stems from the expansion of organizations' foreign monetary ties, which reduces their curiosity in safeguard through expanding its rate. therefore businesses with better foreign connections can be much less protectionist than extra regionally orientated businesses. The publication develops this thesis via studying the foreign ties of export dependence, multinationality, and international intra-firm exchange. After learning chosen U.S. industries, Milner additionally examines French corporations to work out in the event that they reply to elevated interdependence within the related approach as American businesses, regardless of their various historic, ideological, and political contexts.
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