1.

Record Nr.

UNINA9910458692003321

Titolo

The political economy of American trade policy [[electronic resource] /] / edited by Anne O. Krueger

Pubbl/distr/stampa

Chicago, : University of Chicago Press, 1996

ISBN

1-281-22375-1

9786611223755

0-226-45501-7

Descrizione fisica

1 online resource (474 p.)

Collana

A National Bureau of Economic Research project report

Altri autori (Persone)

KruegerAnne O

Disciplina

382/.3/0973

Soggetti

Free trade - United States

Protectionism - United States

Electronic books.

United States Commercial policy Congresses

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and indexes.

Nota di contenuto

Front matter -- Contents -- Acknowledgments -- Introduction -- 1. Trade Politics and the Semiconductor Industry -- 2. Steel Protection in the 1980's: The Waning Influence of Big Steel? -- 3. The Political Economy of U.S. Automobile Protection -- 4. The MFA Paradox: More Protection and More Trade? -- 5. Precedent and Legal Argument in U.S. Trade Policy: Do They Matter to the Political Economy of the Lumber Dispute? -- 6. The Political Economy of U.S. Export Subsidies for Wheat -- 7. Agricultural Interest Groups and the North American Free Trade Agreement -- 8. Differences in the Uses and Effects of Antidumping Law across Import Sources -- 9. Conclusions -- Contributors -- Name Index -- Subject Index

Sommario/riassunto

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.