This work covers trade policy from 1923 to 1995 taking the history
of American tariffs from the Prelude to Trade Wars to the present.
It begins during the period of high tariffs and discusses the
arguments for and against protectionism. Cordell Hull and the
Reciprocal Trade Agreements of the 1930s are discussed along with
the increase in trade revenue from these agreements. The major
changes in trade policy including GATT, the European Community, and
many more are discussed in the work. It is part of an on-going
debate among economic historians over the supposed movement of the
United States toward protectionism since the 1980s.
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