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Opening America's Market - U.S. Foreign Trade Policy Since 1776 (Paperback, New edition)
Loot Price: R1,349
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Opening America's Market - U.S. Foreign Trade Policy Since 1776 (Paperback, New edition)
Series: Littlefield History of the Civil War Era
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Despite the passage of NAFTA and other recent free trade victories
in the United States, former U.S. trade official Alfred Eckes warns
that these developments have a dark side. Opening America's Market
offers a bold critique of U.S. trade policies over the last sixty
years, placing them within a historical perspective. Eckes
reconsiders trade policy issues and events from Benjamin Franklin
to Bill Clinton, attributing growing political unrest and economic
insecurity in the 1990s to shortsighted policy decisions made in
the generation after World War II. Eager to win the Cold War and
promote the benefits of free trade, American officials generously
opened the domestic market to imports but tolerated foreign
discrimination against American goods. American consumers and
corporations gained in the resulting global economy, but many
low-skilled workers have become casualties. Eckes also challenges
criticisms of the 'infamous' protectionist Smoot-Hawley Tariff Act
of 1930, which allegedly worsened the Great Depression and provoked
foreign retaliation. In trade history, he says, this episode was
merely a mole hill, not a mountain. |A former U.S. trade official
provides a critique of U.S. trade policies over the last 60 years,
placing them within full historical perspective. (Please see cloth
edition published 9/95.)
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