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Figure 8.1 James Meade (1907-1995)

Explore the impacts of tariff reductions, equilibrium in small and large countries, double distortions, and optimal tariff calculations. Learn about offer curves, trade equilibrium, retaliation, and human capital exports. Includes graphical representations and historical tariff trends.

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Figure 8.1 James Meade (1907-1995)

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  1. Figure 8.1 James Meade (1907-1995)

  2. Figure 8.2 Tariff reductions in successive GATT rounds

  3. Figure 8.3 Impact of tariff; partial equilibrium, small country

  4. Figure 8.4 Impact of tariff; partial equilibrium, large country

  5. Figure 8.5 Impact of tariff in general equilibrium

  6. Figure 8.6 Tariffs: a double distortion

  7. Figure 8.7 Production (square), consumption (circle), and relative price of Manufactures

  8. Figure 8.8 Derivation of the offer curve

  9. Figure 8.9 Determination of trade equilibrium with offer curves

  10. Figure 8.10 Trade equilibrium if Austria imposes a 40% tariff

  11. Figure 8.11 Derivation of trade indifference curves

  12. Figure 8.12 The 'optimal' tariff

  13. Figure 8.13 Tariffs and retaliation

  14. Figure 8.14 Human-capital intensive manufacturing exports; share, 1998

  15. Figure 8.15 USA average tariffs, 1821-1992

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