Topics
Creeping Protectionism
Creeping protectionism refers to the gradual introduction of protectionist policies, such as tariffs and quotas, that limit the flow of goods and services across national borders. It can happen slowly over time, often without attracting much attention or controversy. For example, a government might increase tariffs on a small number of products, and then gradually expand the number of products subject to tariffs. Or it might start by imposing quotas on a few products, and then gradually lower the quota thresholds, making it harder for foreign goods to enter the country.
The goal of creeping protectionism is often to protect domestic industries and jobs, but it can also harm the economy by reducing competition and innovation, and ultimately leading to higher prices for consumers.
See also
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Robert Reich - Why Biden's departure from free trade is a good thing
30th August 2023
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4.1.6 Import Tariffs (Edexcel A-Level Economics Teaching PowerPoint)
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4.1.6 Impact of Trade Protectionism (Edexcel A-Level Economics Teaching PowerPoint)
Teaching PowerPoints
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4.2.6.2. Impact of Trade Protectionism (AQA A Level Economics Teaching Powerpoint)
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4.2.6.2. Import Tariffs (AQA A Level Economics Teaching Powerpoint)
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What is meant by trade protectionism?
Study Notes
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Global Economy - Are we in the New Age of Autarky?
15th November 2022
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Siemens CEO calls for EU import quota for wind turbines
17th October 2022
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Key Diagrams - Import Quotas and Economic Welfare
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Key Diagrams - Import Quotas
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Key Diagrams - Import Tariffs and Economic Welfare
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Key Diagrams - Import Tariffs
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Protectionism - Barriers to Trade (Quizlet Revision Activity)
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Welfare Loss from Import Tariffs
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Economics of Anti-Dumping Import Tariffs
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Free trade and politics as drawn by cartoonist KAL
31st October 2016
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India's most tariff-protected industries
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US protectionism before Trump
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Inward and Outward Thinking in 2017
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Is Free Trade Good or Bad?
19th January 2017
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Import Dumping
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How the US-China trade war has changed the world
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Protectionism - South African winemakers toast China demand boom
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Non-tariff barriers - British shoemaker faces Brexit's hidden costs
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Import Tariffs and Economic Welfare
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Non Tariff Barriers - Examples
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Economic Significance of Trade Imbalances
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Why are Japan and Korea in a trade war
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EU Customs Union Membership (Revision Essay Plan)
Practice Exam Questions
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Do protectionist tariffs hurt those they are meant to protect?
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Synoptic Economics: Trump's Import Tariffs on Mexico
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Import Quotas - KAA and Evaluation Paragraphs
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Import Tariffs - Basic Analysis Diagram
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Protectionism as a development strategy
Study Notes
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Trump commits to hard protectionism
1st March 2018
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How tariffs could shake-up the US car industry
9th August 2018
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Trade Wars: 250 Years of Economic Theory About Tariffs
27th July 2018
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Tariff on Chinese Steel (Revision Essay Plan)
Practice Exam Questions
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How To Win A Trade War
4th April 2018
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Protectionism: Import Tariffs in the News
23rd January 2018
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Import Quotas
Study Notes
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Bombardier faces 220% tariff from the USA
29th September 2017
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Krugman & Lagarde on Trade and Protectionism
27th September 2017
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Non-Tariff Barriers: China's hidden shipbuilding subsidies
10th September 2017
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Trade, Economic Growth and Inequality
25th August 2017
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Which countries have the lowest import tariffs?
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Import Tariffs (Essay Technique Video)
Exam Support
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Defending Globalisation - Special Report from the Economist
1st October 2016