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Issues and Options for U.S.-Japan Trade Policies (Hardcover)
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Issues and Options for U.S.-Japan Trade Policies (Hardcover)
Series: Studies in International Economics
Expected to ship within 12 - 17 working days
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Because of the close links between the United States and Japan in
trade, foreign direct investment, financial flows, exchange rates,
international prices, and government policies, it is important to
develop a better understanding of these links and how they may be
turned to the advantage of all involved by improvements in the
international policy environment. This book deals with the
potential for such improvements as part of formal
government-to-government negotiations in the multilateral context
in the World Trade Organization (WTO), regionally in the
Asia-Pacific Economic Cooperation (APEC) forum, and bilaterally
with the administration of national trade laws and the negotiation
of free trade agreements.
The chapters represent a spectrum of approaches, including
theoretical analysis, quantitative measurement, and evaluations of
policies and institutions from economic and legal perspectives. The
multi-lateral issues cover the analysis of the economic effects of
a new WTO negotiating round and the range of issues that are to be
addressed there, including reform of Japan's agricultural policies,
services liberalization, antidumping, intellectual property rights,
and trade and the environment. The regional issues include
theoretical and simulation analysis of the benefits of preferential
trading arrangements and the policy of open regionalism that is
being sought by APEC members. U.S.-Japan bilateral relations are
studied by analyzing the major actions and positions taken by the
two nations in the context of their national trade laws and
policies, how trade policies are implemented, the effects of
bilateral trade agreements on the United States and Japan, and the
interplay of legal decisions reached in WTO actions with bilateral
and unilateral measures undertaken by the two nations.
The book is designed for a broad audience consisting of academic
economists, lawyers, policymakers, and students interested in
U.S.-Japan international economic relations.
Robert M. Stern is Professor Emeritus of Economics and Public
Policy, University of Michigan.
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