This fascinating account of United States trade policy over the last four decades provides readers with powerful insights into the actual practice of international trade. Written so as to be accessible and of value to the discussion of current trade policy. Readers learn how trade policy is actually practiced, and gain a deep appreciation for the roots and evolution of today's trade issues.
Preface. A Note to Readers. Acronyms. Chronology of Trade Events. List of Figures. An Overview. Aggressive Reciprocity. Flirting with Managed Trade. Japan as Trade Target. Trade, Jobs, and Wages. The Allure of Preferential Trade. Trade and Environment. A Conflicted Export Policy. The 1990s: A Success, a Lull, and a Debacle. The Way Ahead. Appendix. Glossary of Selected Trade-Related Terms. Index.