Bowen, T. Renee; Broz, J. Lawrence; Rosendorff, B. Peter - 2022
a "Retreat" from free trade, especially in the face of rising imports. We conclude that the recent rise of China as an …We analyze major transitions in U.S. trade policy using a two-factor, two-good, two-country model, where domestic … Restriction" after the Civil War. When the status quo trade policy is high unilateral (and foreign) tariffs, e.g., U.S. 1860 …