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The Softwood Lumber War - Politics, Economics, and the Long U.S.-Canadian Trade Dispute (Paperback)
Loot Price: R1,447
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The Softwood Lumber War - Politics, Economics, and the Long U.S.-Canadian Trade Dispute (Paperback)
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As a forester interested in economics and policy, Daowei Zhang
followed the softwood lumber dispute between the U.S. and Canada
for nearly 20 years. Dubbed the 'Softwood Lumber War,' the conflict
enveloped politicians and business leaders on both sides of the
border and placed strains on the historically close economic and
political relations between the two countries. This book is an
unprecedentedly detailed evaluation of how the conflict began and
how it was sustained for such a long period of time. The book
considers the implications that may follow from the 2006 agreement
between the nations, and the broader lessons that might be learned
about international trade conflicts. The early 1980s was a
difficult time for U.S. lumber producers. Finding their domestic
market share in decline, they requested restrictions on Canadian
lumber imports. Alleging that the Canadian producers were being
subsidized, they eventually secured a 15 percent export tax on
Canadian lumber in 1986. A long series of trade battles followed
against a background of shortages in the U.S. timber supply,
changing international markets, and the establishment of the North
American Free Trade Agreement and the World Trade Organization.
Canada and the United States are the world's largest trading
partners, but, as Zhang demonstrates, it is a relationship in which
domestic pressure groups, different institutional structures within
each government, and differences in the relative economic power of
each country remain extremely important determinants of foreign
policy. The fact that the softwood lumber dispute has taken so long
to resolve-and the prospect that the 2006 agreement has the
potential to be undone by continuing litigation and trade
friction-raise important questions about international relations in
a world that is supposedly moving toward free trade.
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