An expert analysis of key issues, individuals, and developments in U.S. trade policy from national, regional, and global perspectives. What is the proper balance between free trade and protecting the American economy? U.S. Trade Issues: A Reference Handbook is a timely exploration of this vital and politically sensitive question, one that emerged as a crucial issue in the 2008 presidential election. Written by a former chairman of the U.S. International Trade Commission, it provides an authoritative, accessible, and unbiased review of the defining events, principal players, and key controversies in U.S. trade policy. U.S. Trade Issues describes American trade policies from the days of the republic to the present, focusing most intently on the post-World War II era. It explores a number of current issues, including the Doha Round of Multilateral Negotiations, NAFTA, and the president's trade authority. In addition, the handbook looks at American trade policy in the context of an increasingly globalized world economy.

This is a fully updated edition of the best-selling text on U.S. trade policy from colonial times to the current era of large trade imbalances. New coverage for this edition includes the WTO panels and conflicts, the battle in Seattle, struggles over Doha rounds and conflicts, growing tensions among major powers, splits between advanced and developing nations, increased terrorism, and risks of war.

Lovett (Tulane Law School), Eckes (a former commissioner of the U.S. International Commission during the Reagan and Bush I administrations), and Brinkman (international economics, Portland State U.) evaluate the evolution of U.S. trade policy, focusing on the period from the establishment of the Gen

In 1973-1974 soaring commodity prices and an oil embargo alerted Americans to the twin dangers of resource exhaustion and dependence on unreliable foreign materials suppliers. This period seemed to mark a watershed in history as the United States shifted from the era of relative resource abundance to relative materials scarcity. Alfred E. Eckes's comprehensive study shows that resource depletion and supply dislocations are not concerns unique to the 1970s. Since 1914, the quest for secure and stable supplies of industrial materials has been an important underlying theme of international relations and American diplomacy. Although the United States has been blessed with a diversified materials base, it has pursued a minerals strategy designed to exploit low-cost, high-quality ores abroad. Eckes demonstrates how this policy has led to official protection for overseas private investments, involving a role for the Central Intelligence Agency. Some modern historians have neglected the importance of resources in shaping diplomacy and history. This book, based on a vast variety of unutilized archival collections and recently declassified government documents, helps to correct that imbalance. In the process it illuminates an important and still timely aspect of America's global interests.

Written for high school or beginning undergraduate students, this four-volume reference valiantly attempts to provide a historical framework for the perhaps overly broad concept of world trade. Entry topics were selected on trade organizations, influential people, commodities, events that affected trade, trade routes, navigation, religion, communic

Since Ronald Reagan left office in 1989, the global community has witnessed the collapse of the Soviet Union and the integration of Europe, the War on Terror and the Arab Spring, a hot Chinese economy and a major international recession. Reagan's Legacy in a World Transformed brings together scholars from diverse disciplines and persuasions to assess the fortieth president's policies and their ongoing impact today, and to offer a timely retrospective on his complex legacy. The authors consider the influence of Reagan's free-market ideas on economic globalization, showing how deregulation succeeded in spurring economic expansion. In foreign policy, Reagan favored significant increases in military spending ("peace through strength") and an assertive agenda abroad. His break with detente in dealing with the Soviet Union, notably expressed in his 1982 March of Freedom speech, effectively restored the early Cold War strategy of rolling back communism. More than twenty years later, President George W. Bush invoked this speech in describing his goals in the Middle East-a striking example of how Reagan's ideas affected the post-9/11 world. In contrast with his hawkish stance on defense, Reagan's efforts to reduce nuclear arsenals, negotiated with Mikhail Gorbachev, constitute one of his enduring contributions to stability. Although Reagan's policies soared on rhetoric rooted in ideological conviction, the president engaged in pragmatic internationalism when a multilateral approach served America's interests. He believed that America had a special mission as a moral leader and beacon of freedom, a view that continues to inform U.S. foreign policy.

Alfred Eckes and Thomas Zeiler argue that the "American Century" of global leadership resulted from revolutionary improvements in technology combined with the leadership elite's enthusiasm for free trade. The authors reveal how this formula helped the nation rise to economic power after the Spanish-American War, and win both world wars and the Cold War. America's power and cultural influence soared as business and financial interests pursued global market dominance in the following decade. But the tragic events of September 2001 and the growing volatility of global finance raise questions as to whether the era of American-led globalization is sustainable.

Alfred Eckes and Thomas Zeiler argue that the "American Century" of global leadership resulted from revolutionary improvements in technology combined with the leadership elite's enthusiasm for free trade. The authors reveal how this formula helped the nation rise to economic power after the Spanish-American War, and win both world wars and the Cold War. America's power and cultural influence soared as business and financial interests pursued global market dominance in the following decade. But the tragic events of September 2001 and the growing volatility of global finance raise questions as to whether the era of American-led globalization is sustainable.

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.)

Diverted by the dramatic military and political events of July 1944, few Americans realized the significance of an international conference taking place at Bretton Woods, a mountain resort in New Hampshire, far from the battle zones. There United Nations experts were completing plans for a world monetary and financial system that they hoped would create a prosperous, efficient global economy and avert economic tensions that might lead to another world war. Until the dollar crisis of 1971, decisions made at Bretton Woods provided the institutions and rules for international finance. The conference ushered in an era of unprecedented expansion of world trade and prosperity. Based on extensive research in previously unavailable sources, A Search for Solvency relates intriguing and often complicated issues of economic analysis and diplomatic history. It offers a succinct and comprehensive survey of international monetary development from the collapse of the pre-World War I gold standard to the devaluation of the dollar in 1971. In effect, it explains the origins of late twentieth-century global inflation and currency problems. The author details how the ghost of the Great Depression, the failure of monetary reconstruction efforts after World War I, and the memory of the nineteenth-century gold standard guided efforts to construct the Bretton Woods system. This preoccupation with the past, as well as political constraints, produced a monetary system protected against past dangers-fluctuating currencies, controls, and deflation-but dangerously vulnerable to inflationary pressures. The weaknesses of Bretton Woods, a system geared to an era in which economic power was concentrated in the United States, became visible in the 1960s and painfully apparent by the mid-1970s.