Zero-sum Nationalism

Zero-sum Nationalism

Zero-sum nationalism in Global Commerce Policy

In this regard, a definition of this issue is as follows: the view that in the conduct of international trade and economic relations countries only have a choice between winning or not winning. The entries on trade policy are here. A win by another country, however temporary, is considered a loss by the country making the comparison. This is essentially a broader, more political, restatement of the idea underpinning mercantilism which sees the aim of trade as the accumulation of specie and foreign exchange, the maximization of manufacturing exports and the minimization of manufacturing imports. The entries on trade policy are here. It completely ignores the benefits available through the international division of labour and the effect of globalization on the international economy.[1]

Zero-sum nationalismin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

  1. Dictionary of Trade Policy, “Zero-sum nationalism” entry (OAS)

See Also


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