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Protecting Free Trade is the story of a paradox that both limited and stimulated Hong Kong’s post-war economy. In order to preserve its access to open markets, Hong Kong was obligated by international agreements to accept restraints on its exports; and in order to sustain growth, Hong Kong had to subject its largest industry — textiles — to a massive network of restrictions. Protecting Free Trade examines how Hong Kong handled, by negotiation, attempts by developed economies to limit international trade through protective measures. The central argument is that, far from stifling Hong Kong’s industry, restrictive international trade agreements became a stimulus for economic success by creating a sellers’ market in which Hong Kong was the dominant supplier. The book is also a personal memoir by someone who was deeply involved in policy formulation.

Table of Contents

  1. Cover
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  1. Title Page, Copyright
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  1. Contents
  2. pp. v-v
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  1. Abbreviations
  2. pp. vii-ix
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  1. Prologue
  2. pp. 1-2
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  1. Part One: Five Pieces of Paper
  1. Chapter One: Early Problems
  2. pp. 5-13
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  1. Chapter Two: The GATT: The First Piece of Paper
  2. pp. 15-24
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  1. Chapter Three: The Certificate of Origin: The Second Piece of Paper
  2. pp. 25-35
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  1. Chapter Four: Commonwealth Preference: The Third Piece of Paper
  2. pp. 37-47
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  1. Chapter Five: The Comprehensive Certificate of Origin: The Fourth Piece of Paper
  2. pp. 49-59
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  1. Chapter Six: The Arrangement that Lived Up to Its Name
  2. pp. 61-71
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  1. Chapter Seven: The Multi-Fibre Arrangement: The Fifth Piece of Paper
  2. pp. 73-84
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  1. Part Two: The Emerging Paradox and Some Other Diversions
  1. Chapter Eight: Making It Work
  2. pp. 87-98
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  1. Chapter Nine: Quota Transfers
  2. pp. 99-104
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  1. Chapter Ten: Renewing the MFA, Again and Again
  2. pp. 105-118
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  1. Chapter Eleven: David and the Two Goliaths
  2. pp. 119-131
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  1. Chapter Twelve: The Four Faces of Hong Kong
  2. pp. 133-146
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  1. Chapter Thirteen: Beyond the World of Textiles
  2. pp. 147-163
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  1. Chapter Fourteen: The Tussle with TOGA
  2. pp. 165-173
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  1. Epilogue
  2. pp. 175-178
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  1. Index
  2. pp. 179-182
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Additional Information

ISBN
9789882208995
Related ISBN
9789888083985
MARC Record
OCLC
782879927
Pages
192
Launched on MUSE
2012-06-08
Language
English
Open Access
No
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