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"This volume adds balance to most collections on trade policy". -- Choice
List of contents
List of Tables and Figures, Preface, Acknowledgments, PART I: CONCEPTUAL FRAMEWORKS, Chapter One: Managed Trade and Economic Sovereignty, Chapter Two: Global Interdependence and National Prosperity, PART II: ISSUES IN U.S. TRADE POLICY, Chapter Three: International Trade and the Performance of U.S. Labor Markets, Chapter Four: The Costs of Trade Protection Reconsidered: U.S. Steel, Textiles, and Apparel, Chapter Five: The Political Economy of the North American Free Trade Agreement, PART III: MACROECONOMIC PERSPECTIVES, Chapter Six: The Trade Deficit and U.S. Competitiveness, Chapter Seven: Reforming the International Payments System, Chapter Eight: Income Distribution, Trade, and Growth, Chapter Nine: Industrial Policy and Export Success: Third World Development Strategies Reconsidered, Index, Contributing Authors, About the Economic Policy Institute
Summary
This text critically examines the conventional wisdom of economists on trade issues in the 1990s. It covers recent perspectives: on international economy; current issues in American trade policy; global trade imbalances and international monetary reform; and development policy.