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Trade Liberalization - Fears and Facts (Hardcover)
Loot Price: R2,197
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Trade Liberalization - Fears and Facts (Hardcover)
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Examining the often-expressed concerns about trade liberalization,
the authors assess both the facts and common perceptions underlying
the issues. Research shows that some popular concerns about trade
are factually based, but others are less well supported or arise
from apparent misunderstandings of the way international markets
work. This form of presentation both highlights the current
divergence of views and demonstrates the extent to which either new
research or better public dissemination of existing research might
lead toward greater consensus. The authors examine seven
often-expressed concerns about trade liberalization to assess both
the facts and common perceptions underlying the issues. * Trade's
effect on manufacturing jobs * Trade's effect on wage and income
inequality * Trade deficits * U.S. economic exposure to
foreign-market instability * The threat to sovereignty * Trade's
effect on the environment * Health and safety After briefly
summarizing the concerns raised in each area, the authors review a
large body of recent economic and legal literature. Plain
statements by advocates of a particular position on an issue appear
alongside discussion of more formal economic or legal analysis of
the same issue. This form of presentation both highlights the
current divergence of views and demonstrates the extent to which
either new research or better public dissemination of existing
research might lead toward greater consensus.
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