£95.68

University of Chicago Press The Political Economy of American Trade Policy (National Bureau of Economic Research Project Report)

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Description

Exploring the political and economic determinants of trade protection, this study provides a range 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 clothing 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 should interest scholars in economics, business, and public policy who deal with trade issues.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
07 March 1996
Listed Since
07 February 2007

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No barcode data available

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