Protection and Industrial Policy in Europe

Joan Pearce and John Sutton with Roy Batchelor for the Royal Institute of International Affairs, Chatham House

• 1. Introduction 2. Synopsis 3. The Evolution of the GATT 4. Principal Measures of Protection in the European Community 5. The Policy Debate: Trade 6. The Policy Debate: Industry 7. The Classical Argument for Free Trade 8. The Case of Clothing and Textiles 9. Scale Economies and the Protectionist Case 10. The Case of the Car Industry 11. The Case of R&D-intensive Sectors: Industrial Policy and the French Memorandum 12. The Grundig/Thomson-Brandt Affair: Competition Policy and the French Memorandum 13. Protection and Exchange-Rate Policy in Europe 14. A Summing-up