U.S. Trade Policy: History, Theory, and the WTO: History, Theory, and the WTO

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Edition: 2nd
Format: Hardcover
Pub. Date: 2004-02-28
Publisher(s): Routledge
List Price: $200.00

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Table of Contents

Tables and Figures vii
Preface ix
Chapter 1. Introduction
William A. Lovett
3(33)
Britain's Free Trade Experiment
3(1)
Bretton Woods, GATT 1947, and Trade Asymmetries
4(1)
Dollar Hegemony, Indiscipline, and Euro Challenges
5(2)
MNCs, Integration Economies, and Sharing Benefits
7(1)
GATT 1994 and the World Trade Organization
8(3)
Goals for U.S. Trade Policy
11(25)
Chapter 2. U.S. Trade History
Alfred E. Eckes Jr.
36(57)
Products and Partners
36(4)
Colonial Antecedents
40(402)
Confederation to Constitution
442
America First
43(2)
American System
45(2)
Cobden's Challenge
47(1)
Protectionists in Charge
47(4)
Wilson's Low-Tariff Revolution
51(1)
Protection Restored
51(2)
Smoot-Hawley
53(5)
Secretary Hull's Trade Policy Revolution
n55
Building the Bretton Woods World
58(3)
Marshall Plan Mentality
61(2)
GATT and Unreciprocal Trade
63(3)
Kennedy Round Asymmetries
66(2)
Overseas Outsourcing
68(1)
Reacting to Free Riders
69(3)
Tokyo Round Promises
72(6)
FTA Blitz
78(3)
NAFTA Oversell
81(2)
Uruguay Round "Victory"
83(5)
Bilateral and Regional FTAs
88(2)
Perils of Globalization
90(3)
Chapter 3. Free Trade: Static Comparative Advantage
Richard L. Brinkman
93(18)
Origins of Free Trade: Theory and Policy
95(6)
Pure Theory of Trade
101(4)
Static Comparative Advantage under Siege: Errors and Omissions
105(3)
Static Versus Dynamic
108(3)
Chapter 4. Dynamics of Absolute Advantage and Economic Development
Richard L. Brinkman
111(19)
Structural Transformation: The Secretary-Lawyer Analogy
111(3)
Dynamics of Economic Development: Concept and Theory
114(5)
New Theories of Trade: Toward Dynamic
119(4)
Comparative Advantage
Toward Improved Trade Policy
123(7)
Chapter 5. Rebalancing U.S. Trade
William A. Lovett
130(51)
Alternative Solutions
132(10)
Clinton-Perot: A Mandate Not Implemented
142(3)
Department of Industry, Technology, and Trade (DITT)
145(4)
Cleaning Up Legal Underbrush
149(1)
New Realism Versus Holier Than Thou
150(2)
Teamwork: Labor, Environment, and Consumers
152(3)
Monitoring and Progress: Three- to Five-Year Transition Periods
155(3)
Nonaction: Vulnerability and Decline
158(5)
Sustainable Internationalism for Americans
163(12)
Recent Trade Bargaining-Multilateral, Regional, and Bilateral
175(6)
Notes and References 181(46)
Index 227(8)
About the Authors 235

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