Trade Policy and Corporate Business Decisions

• Contributors; Introduction; Tamir Agmon and Christine R. Hekman: Trade policies and corporate business decisions: Insight and lessons; Part One: The stability and the risk associated with U.S. trade policy: Richard L. Drobnick and Slwin Enzer: The consequences of balanced trade between the U.S. and its Pacific rim trading partners; John Odell and Thomas D. Willett: U.S. trade policy, free trade, and protectionism: Policy stability and corporate risk; Jonathan D. Aronson: Building blocks for the U.S. trade policy in the 1990s; Tamir Agmon and Clas Wihlborg: A probabilistic estimate of international trade risk: Quantifications of trade policy outcomes; Part Two: Understanding the relationship between the aggregate configuration of trade policy and corporate performance; Tamir Agmon and Clas Wihlborg: International trade risk and the cost of flexibility in capital investment; Thomas G. Cummings and Maria Nathan: Organizational structure and environmental change; Rueven Horesh: Strategic planning for possible changes in the trade policy; Wesley J. Johnston: Protectionism and marketing strategies for U.S. firms; Ingo Walter: International trade and protection in financial services; William H. Davidson: The impact of trade policies on multinational operations: Strategy and performance; Christine R. Hekman: Trade barriers and currency risk; Corporate responses to trade policies: Three case histories; Thomas A. Pugel: Japanese and American response to trade friction: The semiconductor industry; Johny K. Johansson: Stronger Yen and the U.S. Japanese trade balance: Marketing policies of Japanese firms in the U.S. market; Victor A. Canto and J. Kimbal Dietrick: The effect of restrictive trade policies on the earnings and the employment levels in the protected industries

Individually the papers are of a consistently good standard, and they are 'stitched' together well by the editors through the use of brief introductions to each chapter. The result is a very worthwhile volume that deserves to be widely read by students of trade policy....Certainly instructive.