Trade Policy in a Changing World Economy / Edition 1

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Trade policy issues are no longer solely the concern of a few government specialists and academics. Manufacturers, businesspeople, educators, and government officials must keep abreast of laws and regulations relating to trade, the economic consequences of various trade measures, and current trends in policy, but there have been few coherent sources for such information.

Trade Policy in a Changing World Economy provides a clear introduction to complex trade issues, covering theoretical issues of trade policy, the changing nature of American trade policy, the changing nature of American trade policy since World War II, multilateral trade negotiations, and trade strategies. The volume is particularly timely as the world's nations enter a new round of GATT negotiations for the reduction of trade barriers.

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Editorial Reviews

A renewed interest in issues of trade policy has arisen in response to the political ramifications of the trade deficit and the widespread belief that other governments routinely engage in "unfair" trade practices which put US industries at a disadvantage. Baldwin, (economics, U. of Wisc.) presents a collection of essays which are particularly timely with the world's nations now entering into a new round of GATT negotiations towards the reduction of trade barriers. Annotation c. Book News, Inc., Portland, OR (
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Product Details

  • ISBN-13: 9780226036113
  • Publisher: University of Chicago Press
  • Publication date: 10/28/1988
  • Series: Afterlives of the Bible Ser.
  • Edition description: 1
  • Edition number: 1
  • Pages: 281
  • Product dimensions: 6.07 (w) x 9.28 (h) x 0.94 (d)

Meet the Author

Robert E. Baldwin is the Hilldale Professor of Economics at the University of Wisconsin, Madison. His many books include several published by the University of Chicago Press for the National Bureau of Economic Research: The Structure and Evolution of Recent U.S. Trade Policy, Issues in US-EC Trade Relations, and Trade Policy Issues and Empirical Analysis.
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Table of Contents

Tables and Figures
Part I - Introduction
1. Autobiographical Introduction
Part II - The Changing Nature of US Trade Policy
2. The Changing Nature of US Trade Policy since World War II
3. The Political Economy of Postwar US Trade Policy
4. Trade Policies under the Reagan Administration
Part III - Trade Policy Theory
5. The Political Economy of Protectionism
6. Rent Seeking and Trade Policy: An industry approach
7. The Economics of the GATT
8. The Case against Infant-Industry Tariff Protection
9. The Inefficacy of Trade Policy
Part IV - Multilateral Trade Negotiations: Employment Effects and Negotiating Techniques
10. Trade and Employment Effects in the United States of Multilateral Tariff Reductions
11. Toward More Efficient Procedures for Multilateral Trade Negotiations
Part V - Policy Issues and Trade Strategies
12. The New Protectionism: A Response to Shifts in National Economic Power
13. Responding to Trade-Distorting Policies of Other Countries (with T. Scott Thompson)
14. GATT Reform: Selected Issues
15. Alternative Liberalization Strategies
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