Trade War

Introduction to Trade War

Trade War, economic tug-of-war between nations in which each side tries to limit the other’s exports while flooding the other’s market with its own goods.” (1)

Resources

Notes and References

• Information about Trade War in the Encarta Online Encyclopedia

Guide to Trade War

Trade War and the GATT Policy Negotiations

In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Trade War: An “unwinding” of the liberalization process, in which countries impose trade restrictions for punitive purposes and others retaliate in kind.