Introduction Two controversies over international trade arose in the 1980s and 1990s In the 1980s a new set of sophisticated arguments for government intervention in trade emerged in advanced countries These arguments focused on the" high-technology industries that came to prominence as a result of the ri of the silicon chip In the 1990s a dispute arose over the effects of growing international trade on workers in developing countries Copyright C 2003 Pearson Education, Inc Slide 11-3Copyright © 2003 Pearson Education, Inc. Slide 11-3 Introduction ▪ Two controversies over international trade arose in the 1980s and 1990s. • In the 1980s a new set of sophisticated arguments for government intervention in trade emerged in advanced countries. – These arguments focused on the “high-technology” industries that came to prominence as a result of the rise of the silicon chip. • In the 1990s a dispute arose over the effects of growing international trade on workers in developing countries