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International Trade

What Everyone Needs to Know®

Inbunden, Engelska, 2020

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International trade and trade policy have become increasingly important and complex in recent years. In this comprehensive introduction to the key aspects of international trade policy, noted authority Anne O. Krueger explains what has happened and why these issues are so difficult. With evidence-based analysis and an even-handed approach, International Trade: What Everyone Needs to Know lays the foundation to understand what trade does and does not do. Focusing on the importance of trade in both goods and services, Krueger explores the effects of various trade policies step-by-step and demonstrates why economists generally support free trade. Krueger considers the historical experience, highlighting how technological changes and reduction of trade barriers helped transform the world economy. Tariffs, antidumping and countervailing duties, government procurement policies, preferential trading arrangements, trade with developing countries and emerging markets, and the World Trade Organization are examined. Krueger tackles the fundamental questions surrounding trade including: What are the benefits and costs? What are trade deficits and do they matter? Why do some people favor protectionism and barriers to trade? How does trade policy affect workers? Written in question-and-answer format, this non-technical introduction to the policies of international trade provides an indispensable guide to one of the most crucial elements of the global economy.

Produktinformation

Utgivningsdatum2020-10-20
Mått216 x 143 x 25 mm
Vikt522 g
FormatInbunden
SpråkEngelska
SerieWhat Everyone Needs to Know®
Antal sidor370
FörlagOUP USA
ISBN9780190900465

Tillhör följande kategorier

Internationell ekonomi inom Ekonomi och Ledarskap

Anne O. Krueger, a former World Bank chief economist and former first deputy managing director of the International Monetary Fund, is Caroline and Herald L. Ritch Professor Emeritus of Arts and Sciences in the Economics Department and Senior Fellow at the Center for International Development at Stanford University. She is also Senior Research Professor of International Economics at the School of Advanced International Studies, Johns Hopkins University.

Introduction Part 1. The Groundwork Chapter 1. Trade in World HistoryChapter 2. What is Trade Policy About and Why?Chapter 3. Facts about Trade Part 2. Trade Policy Issues Chapter 4. Why Do Economists Advocate Free Trade?Chapter 5. Nontariff BarriersChapter 6. Do Trade Deficits Matter: What Should Be Done about Them?Chapter 7. Does Trade Hurt American Jobs?Chapter 8. Currency Manipulation Part 3. What Trade Policy Does Chapter 9. Case Studies of Protection: Steel, Aluminum, Autos, Textiles, and Apparel Chapter 10. Agriculture: Should We Support and Protect Agriculture?Chapter 11. The WTOChapter 12. Trade Remedy Protection Ads and CVDsChapter 13. Grey Areas: Defense, Standards, Procurement, Self-sufficiency, Transport (Jones Act) Part 4. Trade Relations and Roles of Countries and Regions Chapter 14. Preferential Trading ArrangementsChapter 15. EU and BrexitChapter 16. What about NAFTA/MUSCA?Chapter 17. What Happened to the TPP?Chapter 19. What about Trade with China?Chapter 20. Developing Countries and Emerging Markets Part 5. Why We Need an International Order Chapter 21. Helping those Adversely Affected by Trade and Other EventsChapter 22. Political Economy of Trade PolicyChapter 23. Conclusion: Why We Need an International Order

Summing up, policymakers around the world would do well to have a copy of Anne Krueger's book and read it: a suggestion that also invites translation to other languages. This contribution is also a natural candidate for inclusion in reading lists of courses focusing on topics such as economic journalism, international trade, globalisation, Trump's policies, applied economic analysis, and international institutions. Most significantly, 'concerned citizens' around the world now have the unique opportunity of learning international trade and the high costs of trade protection from Professor Anne Krueger, one of the sharpest economic minds of our times.