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The Economics of Export Embargoes - The Case of the US-Soviet Grain Suspension (Paperback)
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The Economics of Export Embargoes - The Case of the US-Soviet Grain Suspension (Paperback)
Series: Routledge Library Editions: International Trade Policy
Expected to ship within 12 - 19 working days
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Export embargoes are imposed in the belief that enough economic
damage will be inflicted on the target country to make it change
course on some key political point. However, export embargoes also
have economic consequences for producers in the country which
imposes the embargo and for producers in third party countries.
This book, first published in 1987, analyses the economic effects
of export embargoes. It presents much general analysis on the topic
and goes on, making use of a model, to examine in detail the 1980
US embargo on grain sales to the Soviet Union. Among the book's
findings is the importance of expectations concerning how long the
embargo will last in determining both the success of the embargo
and the impact on produces in the country imposing the embargo.
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