International Trade under President Reagan: US Trade Policy in the 1980s

Under the Reagan presidency, the United States saw a period of strong economic growth. Analyzing the evolution of US foreign trade and its impact on the economy under the Reagan administration, Giuseppe La Barca shows how their economic achievements came about in part through well-exploited luck and reaffirmation of the supremacy of US economic interests. In stimulating its economy by consuming more than it produced, the US caused a growing trade deficit, appreciation of the dollar and an i...