07701. A CRITICAL EVALUATION OF TRENDS INPROTECTIONISM. Overview of protectionism in the l980s. Some specific disputes mentioned as examples: Japan as example of successful protection; new theories on comparative advantage and managing "outcomes" of trade by national action. Finds new protectionism generally the same as old, and less efficient than free trade for the classical reasons: government can't always make right choices, protection introduces new distortions. 7 pages, 19 footnotes, 10 bibliographic sources.