Trade is an issue of growing importance that lies at the intersection of two of the biggest concerns facing the American people: the economy and foreign policy. Today, trade policy affects more issues on the U.S. political agenda than ever before; at the same time, the decisions Washington makes have a great impact on the United States and the world. This book, in the form of a memorandum to the president, suggests two distinct approaches that the United States could take on trade policy. The first approach--Free Trade--argues that American prosperity and security are best served by aggressively seeking to lower trade barriers, even if it means that some industries lose out. The second approach--Fair Trade--contends that the economic benefits of freer trade are overstated and that the U.S. government should slow or even halt efforts to lower trade barriers in order to promote goals such as community stability and income security. The policy options in this book are accompanied by four white papers that examine the major issues in the trade debate and explore the relevant challenges in greater detail.
The trade policies addressed in this book have far-reaching effects on the world's increasingly interdependent economies, but until now little research has been devoted to them.
This unique text integrates for the first time the three critical aspects of U.S. foreign trade policy formulation and implementation: economics, politics, and laws. In a comprehensive and nonjudgmental manner,...
Douglas A. Irwin’s Clashing over Commerce is the most authoritative and comprehensive history of US trade policy to date, offering a clear picture of the various economic and political forces that have shaped it.
Reciprocity, U.S. Trade Policy, and the GATT Regime
this move as a challenge because Peek disagreed with the trade reforms Hull wished to pursue. One dispute centered on the unconditional most-favorednation (MFN) approach to trade, which Hull favored and Peek opposed.
In selecting Tennessee senator Cordell Hull as secretary of state, Roosevelt made a fateful decision. He turned trade policy over to the most determined tariff cutter and free trade idealist in the Democratic Party.
According to the authors, challenges resulting from the globalization of production and the integration of former socialist economies into the world market economy create the need for new trade negotiations...
The lack of political and public consensus over American trade policy plagues efforts to further liberalize trade and spur economic growth. To develop a trade policy with widespread support, the...
Too often, busy public officials had no time to write or record negotiating histories. Revisiting U.S. Trade Policy, which is certain to become a classic in the literature of trade negotiations, is just such a record.
See also Miles , How to Hack a Party Line ; Amy Borrus , " Seeking Geeks Bearing Gifts , the GOP Courts Silicon Valley , " Business Week , July 27 , 1998 , 39 ; " New Democrats Emerge as Brokers on High Tech Bills , " National Journal's ...