U.S. Trade, Protectionism & the Global Economic Downturn
Book Details
Format
Hardback or Cased Book
ISBN-10
1608769666
ISBN-13
9781608769667
Publisher
Nova Science Publishers Inc
Imprint
Nova Science Publishers Inc
Country of Manufacture
US
Country of Publication
GB
Publication Date
Jul 1st, 2010
Print length
130 Pages
Weight
326 grams
Dimensions
23.40 x 15.30 x 1.50 cms
Product Classification:
Economics
Ksh 19,250.00
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The U.S. trade deficit is shrinking primarily because the global financial crisis is causing U.S. exports to drop faster than U.S. imports. In today''s severe global economic downturn, concerns are being raised that countries may try to improve their own trade positions in order to help domestic industries at the expense of others by imposing measures that artificially increase their exports or restrict imports. Such efforts are considered by some to be a form of "protectionism". This book develops three scenarios to approximate different dimensions of the relationship between the global economic downturn and protectionism, as well as reviewing why the U.S. trade deficit is shrinking so severely.
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