What role do political institutions play in trade policy

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What assumptions does Rogowski make about the costs of collective action in trade?

According to Alt and Gilligan, how is trade politics affected by these costs? What role do political institutions play in trade policy?

Discuss with reference to tariff reform in the United States in the pre-1934 era (e.g. Smoot-Hawley Tariff Act) and how did the Reciprocal Trade Agreements Act of 1934 overcome these obstacles.

Reference no: EM131630441

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