The Effects of U.S. Trade Protection & Promotion Policies (National Bureau of Economic Research Project Report) - Hardcover

Feenstra, Robert C

Hardcover

ISBN 10: 0226239519 ISBN 13: 9780226239514

Publisher: University of Chicago Press, 1997

Synopsis

Economists disagree on whether recent US trade policies are harmful or helpful, but they all agree that there is a trend towards focusing on results-oriented policies in specific markets and with particular trading markets. These 12 essays explore crucial issues in US trade policy, examining topics such as the markets for automobiles and automobile parts in the USA and Japan, and the US response to "unfair" trading practices, such as dumping, and the effects of industry- and country-specific policies. Examples include high-technology and agricultural industries and offshore assembly in US border cities. The volume concludes that some policies can act to both protect imports and promote exports; that the threat of protectionist policies can often have effects that are as pronounced as their implementation; and that regulatory policy has as great an impact on trade and investment patterns as does trade policy itself.

About this title

About the Author

Robert C. Feenstra is professor in the Department of Economics at the University of California, Davis, where he also holds the C. Bryan Cameron Distinguished Chair in International Economics. He is director of the International Trade and Investment Program of the NBER.

From the Back Cover

Gone are the days when the United States was evaluated by its ability to negotiate multilateral policies of mutual benefit to a broad group of countries. Economists disagree on whether recent U.S. trade policies are harmful or helpful, but they all agree that there is a new trend toward focusing on results-oriented policies in specific markets and with particular trading partners. These twelve essays by leading international economists examine crucial issues in U.S. trade policy today. Taken together, these essays show that some policies can act to both protect imports and promote exports, and that the threat of protectionist policies can often have effects that are as pronounced as their actual implementation. This timely volume will be of crucial interest to international trade economists, policy specialists, and political scientists.

Edition details

• Publisher: University of Chicago Press
• Publication date: 1997
• Language: English
• ISBN 10: 0226239519
• ISBN 13: 9780226239514
• Binding: Hardcover
• Number of pages: 366