Public Assistance To Industries And Trade Policy In France

A project to establish the shares of industrial country markets held by the developing countries, changes in such shares in the 1970s, and reasons for variations among industry groups and countries aims to assist developing and industrial countries improve their policies through a better understanding of trade patterns and protectionist pressures. This paper examines trade policy in France and the tools, particularly public subsidies, used to support industry. The evolution and nature of France's international commerce and its trade policy are examined. Attention is paid to the institutional structure through which trade policy is decided and implemented. The paper concludes by assessing probable future trends. Trade will continue to be important to France's economy, but protectionist pressure will probably remain strong, supported by the public and the bureaus.