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U.S. trade policy : history, theory, and the WTO / William A. Lovett, Alfred E. Eckes, Jr. and Richard L. Brinkman.

Lippincott Library HF1455 .L66 2004
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Format:
Book
Author/Creator:
Lovett, William Anthony.
Contributor:
Eckes, Alfred E., 1942-
Brinkman, Richard L.
Language:
English
Subjects (All):
World Trade Organization.
United States--Commercial policy.
United States.
Commercial policy.
Physical Description:
xi, 236 pages : illustrations ; 24 cm
Edition:
Second edition.
Other Title:
United States trade policy
Place of Publication:
Armonk, N.Y. : M.E. Sharpe, [2004]
Contents:
Britain's Free Trade Experiment 3
Bretton Woods, GATT 1947, and Trade Asymmetries 4
Dollar Hegemony, Indiscipline, and Euro Challenges 5
MNCs, Integration Economies, and Sharing Benefits 7
GATT 1994 and the World Trade Organization 8
Goals for U.S. Trade Policy 11
Chapter 2. U.S. Trade History / Alfred E. Eckes Jr. 36
Products and Partners 36
Colonial Antecedents 40
Confederation to Constitution 42
America First 43
American System 45
Cobden's Challenge 47
Protectionists in Charge 47
Wilson's Low-Tariff Revolution 51
Protection Restored 51
Smoot-Hawley 53
Secretary Hull's Trade Policy Revolution 55
Building the Bretton Woods World 58
Marshall Plan Mentality 61
GATT and Unreciprocal Trade 63
Kennedy Round Asymmetries 66
Overseas Outsourcing 68
Reacting to Free Riders 69
Tokyo Round Promises 72
FTA Blitz 78
NAFTA Oversell 81
Uruguay Round "Victory" 83
Bilateral and Regional FTAs 88
Perils of Globalization 90
Chapter 3. Free Trade: Static Comparative Advantage / Richard L. Brinkman 93
Origins of Free Trade: Theory and Policy 95
Pure Theory of Trade 101
Static Comparative Advantage under Siege: Errors and Omissions 105
Static Versus Dynamic 108
Chapter 4. Dynamics of Absolute Advantage and Economic Development / Richard L. Brinkman 111
Structural Transformation: The Secretary-Lawyer Analogy 111
Dynamics of Economic Development: Concept and Theory 114
New Theories of Trade: Toward Dynamic Comparative Advantage 119
Toward Improved Trade Policy 123
Chapter 5. Rebalancing U.S. Trade / William A. Lovett 130
Alternative Solutions 132
Clinton-Perot: A Mandate Not Implemented 142
Department of Industry, Technology, and Trade (DITT) 145
Cleaning Up Legal Underbrush 149
New Realism Versus Holier Than Thou 150
Teamwork: Labor, Environment, and Consumers 152
Monitoring and Progress: Three- to Five-Year Transition Periods 155
Nonaction: Vulnerability and Decline 158
Sustainable Internationalism for Americans 163
Recent Trade Bargaining
Multilateral, Regional, and Bilateral 175.
Notes:
Includes bibliographical references (pages 181-225) and index.
ISBN:
0765613077
OCLC:
52838668

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