The Political Economy of American Trade Policy
Book Details
Format
Hardback or Cased Book
ISBN-10
0226454894
ISBN-13
9780226454894
Publisher
The University of Chicago Press
Imprint
University of Chicago Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Feb 15th, 1996
Print length
470 Pages
Weight
812 grams
Dimensions
16.10 x 23.60 x 3.10 cms
Ksh 18,700.00
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Exploring the political/economic determinants of trade protection, this study provides a range of information on key American industries and documents the process of seeking and conferring protection. Automobile, steel, semiconductor, lumber, wheat, and textile and clothing industries are included.
Exploring the political and economic determinants of trade protection, this study provides a range of information on key American industries and documents the process of seeking and conferring protection. Eight analytical histories of the automobile, steel, semiconductor, lumber, wheat, and textile and clothing industries demonstrate that trade barriers rarely have unequivocal benefits and may be counterproductive. They show that criteria for awarding protection do not take into account the interests of consumers or other industries and that political influence and an organized lobby are major sources of protection. Based on these findings, a final essay suggests that current policy fails to consider adequately economic efficiency, the public good, and indirect negative effects. This volume should interest scholars in economics, business, and public policy who deal with trade issues.
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