This paper is an assessment of three tilts in U.S. trade policy during the 1980s: minilateralism, managed trade, and … have been possible. Taking as given the unfavorable macroeconomic environment for trade policy, a few alternatives do seem … possible, but only a few. Sectoral minilateralism might have been a feasible replacement for the more aggressive managed trade …

This paper presents a comprehensive but relatively brief historical survey of U.S. trade-policy over the last 75 years …. It is aimed at individuals who are not already familiar with the concepts and terminology used in discussions of trade … policy and the domestic and international institutional framework within which U.S. trade policies are formulated and …

We study a simple, tractable model of labor adjustment in a trade model that allows us to analyze the economy's dynamic … response to trade liberalization. Since it is a neoclassical market-clearing model, we can use duality techniques to study the … study of trade liberalization that are based on static models …

This paper examines the effect of a change in U.S. trade policy on the domestic investment of U.S. manufacturers. Using … uncertainty exhibit relative declines in investment after the change in trade policy. Within industries, we find that this …

Over the last three decades, the value of Chinese trade has approximately doubled every four years. This rapid growth … has transformed the country from a negligible player in world trade to the world's second largest exporter, as well as a … of Chinese trade, its macroeconomic implications, trade disputes with other WTO member countries, and the role of foreign …

Several of the recently negotiated regional trade agreements (Canada-U.S., NAFTA, E.C.-Hungary/Poland/Czeck and Slovak … the consequences of a global trade war. What they offer to the large countries in return is largely non-trade benefits … guarantees of royalty arrangements affecting resources on state-owned lands). When evaluated alongside the regional trade …

This paper reviews the history of bilateral trade negotiations between Taiwan and the U.S. The question posed at the … negative answer. Bilateral negotiations for market opening with the threat of unilateral trade sanctions (such as Section 301 … action) tend to encourage trade preferences and U.S. negotiators are inclined to accept such preferential arrangements in …

framework. Working within a general equilibrium trade model, we represent government preferences with a very general formulation … that includes all the major political-economy models of trade policy as special cases. Using this general framework we … trade agreements. Second, through the principle of reciprocity countries can implement efficient trade agreements if and …

Despite the well-known gains from trade, trade liberalization is politically one of the most contentious actions that a … explanations for why that is the case; many individuals will simply not know how they will fare under trade reform, and this can …

This paper examines voting by members of Congress on three trade bills introduced in 1993 and 1994: the North American … Free Trade Agreement (NAFTA), the agreements concluded in the Uruguay Round of multilateral trade negotiations (GATT), and … most-favored nation status for China. We first review recnet political economy models of trade policy and then presenting a …