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The Political Economy of American Trade Policy

Download or Read eBook The Political Economy of American Trade Policy PDF written by Anne O. Krueger and published by University of Chicago Press. This book was released on 2007-12-01 with total page 474 pages. Available in PDF, EPUB and Kindle.
The Political Economy of American Trade Policy
Author :
Publisher : University of Chicago Press
Total Pages : 474
Release :
ISBN-10 : 9780226455013
ISBN-13 : 0226455017
Rating : 4/5 (13 Downloads)

Book Synopsis The Political Economy of American Trade Policy by : Anne O. Krueger

Book excerpt: Exploring the political and economic determinants of trade protection, this study provides a wealth of information on key American industries and documents the process of seeking and conferring protection. Eight analytical histories of the automobile, steel, semiconductor, lumber, wheat, and textile and apparel industries demonstrate that trade barriers rarely have unequivocal benefits and may be counterproductive. They show that criteria for awarding protection do not take into account the interests of consumers or other industries and that political influence and an organized lobby are major sources of protection. Based on these findings, a final essay suggests that current policy fails to consider adequately economic efficiency, the public good, and indirect negative effects. This volume will interest scholars in economics, business, and public policy who deal with trade issues.


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