Britain's Trade and Economic Structure: The Impact of the European Union

Book Cover......Page 1
Title......Page 4
Contents......Page 5
List of tables......Page 11
List of figures......Page 15
Preface......Page 18
List of abbreviations......Page 19
Introduction......Page 22
Britain\'s comparative position Changes in population, total income, per capita income Investment and investment ratio Allocation between industries of employment and output Changes over time in emplo......Page 26
The theory of trade, protection, and discriminationBenefits of trade Theory of tariffs and quotas Theory of preferential trading systems: Trade creation and trade diversion......Page 49
UK trade policy and agreements that have affected tradeSystem of Commonwealth preference Membership of EFTA EEC. Anticipated effects of Britain joining The Uruguay Round Agreements......Page 84
Moves towards monetary integration......Page 114
Other EU policies affecting tradeCompetition policy Industry policy Policies towards the Steel industry and European Computing and Telecommunications industry......Page 123
The impact of preferential trading areas and international direct investment on the development of UK tradeShift from Commonwealth and EFTA to EEC: How much Trade Creation, how much Trade Diversion Ef......Page 140
The energy sector and the development of North Sea oil Decline in the use and output of coal;average cost pricing policy so that lower cost pits subsidizing higher cost ones. Development of North Sea......Page 165
The Common Agricultural Policy and its effect on UK agricultural production, trade and consumption Agricultural Act of 1947 and effects The Common Agricultural Policy (CAP) Present position after the......Page 209
Trade and production of motor vehicles Britain\'s historical position as a major exporter Agreement with Japan limiting imports to 11% of market in cars and commercial vehicles Entry to EEC changed tr......Page 255
Textiles and clothingCommonwealth preference, then \'voluntary\' exports restraints. Cotton re-organization scheme. EFTA Regional employment premium and its discontinuance Multi-fibre arrangement Urug......Page 280
High-technology industries and research and developmentInnovation record up to 1970 good. But take up by British manufacturing poor. High proportion of RD financed by government. High proportion of th......Page 304
Trade in services: Liberalization and growth Liberalization under the SEM and Uruguay round Privatization Growth of alliances......Page 339
Regional policy and taxation Divergent effect on manufactures and services Emergence of the poverty trap. Reduces any multiplier effect in depressed regions......Page 364
Conclusion......Page 393
Index......Page 398