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Download Trading Free: The Gatt and U.S. Trade Policy ePub

by Patrick Low

Download Trading Free: The Gatt and U.S. Trade Policy ePub
  • ISBN 0870783513
  • ISBN13 978-0870783517
  • Language English
  • Author Patrick Low
  • Publisher Twentieth Century Fund (December 1, 1993)
  • Pages 310
  • Formats lrf txt rtf mbr
  • Category Social Science
  • Subcategory Politics and Government
  • Size ePub 1852 kb
  • Size Fb2 1680 kb
  • Rating: 4.9
  • Votes: 888

A generation ago, the teaching of macroeconomics in many American classrooms did not involve any analysis of international flows of goods and services. The reasoning behind this approach was straightforward: the amounts involved were statistically trivial compared to the immense gross domestic product of the United States. Although Americans had the largest part of the total global commerce, it was relatively unimportant to the prosperity of the United States.Today, students of our economy are obsessed with America's place in global commerce. Indeed, in what is still by far the world's largest economy, concern and even anger about international competition is becoming an increasingly powerful political force. One would be hard put to find in Congress the optimistic consensus that animated the largely American-designed postwar economic order, the Bretton Woods system. Then, of course, the American giant--sole possessor of the atomic bomb and production of 40 percent of the world's wealth--believed that free trade and Western-style business, under American leadership, would modernize the world.This belief in the blessings that would come from American economic supremacy has been shaken as international competitors claim ever-larger slices of the global economic pie. Even the apparent demise of communism has failed to restore American confidence in its economic future. As international competition has increased, so too has the debate in this country between free traders and protectionists. The possibility of a global paradise seems as far away as ever. And it may take stronger trade relations and organizations in the future for America to maintain some economic stability among her world competitors.In Trading Free, Patrick Low, makes a strong case against too much emphasis on trade negotiations as a zero-sum game, with winners and losers and the future of the GATT. He believes that the reductions in barriers to trade that have been accomplished since World War II have contributed to the high standard of living in this county and to desirable economic progress among our allies. In this thoughtful and provocative study, he sets out the background and clarifies the issues that will be debated by policymakers today, and classes tomorrow.

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This work examines the US trade policy-making process  . Goodreads helps you keep track of books you want to read. Start by marking Trading Free: The GATT and Us Trade Policy as Want to Read: Want to Read savin. ant to Read.

In Trading Free, Patrick Low, makes a strong case against too much emphasis on trade negotiations as a zero-sum game, with winners and losers and the future of the GATT. He believes that the reductions in barriers to trade that have been accomplished since World War II have contributed to the high standard of living in this county and to desirable economic progress among our allies. In this thoughtful and provocative study, he sets out the background and clarifies the issues that will be debated by policymakers today, and classes tomorrow.

Trading Free: The GATT and US Trade Policy.

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FREE shipping on qualifying offers. A generation ago, the teaching of macroeconomics in many American classrooms did not involve any analysis of international flows of goods and services. The reasoning behind this approach was straightforward: the amounts involved were statistically trivial compared to the immense gross domestic product of the United States. Although Americans had the largest part of the total global commerce. To get the free app, enter your mobile phone number. Download to your computer. Mac. Windows 8, 8 RT and Modern UI. Windows 8 desktop, Windows 7, XP & Vista.

This book shines a critical light on preferential trade agreements (PTAs), revealing . Trading free : the GATT and . Many scholars expected . trade policy in the 1970s and beyond to look like that of the 1920s and 1930s-i.

Trading free : the GATT and . to be marked by widespread and high levels of protectionism.

economy, and the Obama administration has embraced a ramped up export strategy. But debate persists over the merits of a vigorous free trade agenda.

But our trade rivals have replaced the tariffs with value-added taxes on imports from the USA. Even to belong to the EU, a country must have a VAT of at least 15 percent. As Kevin Kearns of the . Business and Industry Council writes, Europeans have replaced tariffs on . goods with a VAT on . goods, while rebating the VAT on Europe’s exports to us. Some 160 countries impose VAT taxes. Along with currency manipulation, this is how European and Asian protectionists stick it to the Americans, whose armed forces have defended them for 60 years

Patrick Low, 1995, Trading Free: The GATT and . New York: Twentieth Century Fund).

Patrick Low, 1995, Trading Free: The GATT and . Arthur Salter, 1932, The Second Effort (London: G. Bell & Sons).

The General Agreement on Tariffs and Trade (GATT) is a legal agreement between many countries, whose overall purpose was to promote international trade by reducing or eliminating trade barriers such as tariffs or quotas

The General Agreement on Tariffs and Trade (GATT) is a legal agreement between many countries, whose overall purpose was to promote international trade by reducing or eliminating trade barriers such as tariffs or quotas. According to its preamble, its purpose was the "substantial reduction of tariffs and other trade barriers and the elimination of preferences, on a reciprocal and mutually advantageous basis.

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