CHAPTER 105
Political Economy and International Trade

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Chapter Overview
Some Features of a Democratic Society
The Nature of Lobbying

THE POLITICAL MOTIVATION FOR PROTECTIONISM
The Economic Effects: An Example
The Consumers Lobbying Decision
The Producers Lobbying Decision
The Government's Decision
The Lobbying Problem in a Democracy

Problem Sets

LEVEL 1: Basic Definitional
LEVEL 2: Basic Intermediate
LEVEL 3: Advanced Intermediate

LEVEL 1

Download Answer Keys

Answer keys to the problem sets are avalable in Adobe Acrobat PDF format for easier viewing and printing.

Related Links
Interview with James Buchanan In this interview, Buchanan traces the development of Public Choice, ideas especially relevant today as governments everywhere try to redefine themselves.