Dilemmas of International Trade by Moon, Bruce E. -- Read -- Imperial Library of Trantor

Index

Cover Title Page Copyright Contents List of Illustrations Acknowledgments List of Acronyms 1 Trade and Trade Issues

The Themes of the Book The Importance of Trade Concerns About the Trade Balance Policy Alternatives Free Trade and the Search for Competitiveness Export Promotion and Industrial Policy Forms of Import Restrictions International Cooperation to Stimulate Trade The Dilemmas of International Trade The Distributional Dilemma The Values Dilemma The State Goals Dilemma Choices for the Individual Conclusion: Choosing a Trade Policy

2 The Theoretical and Historical Origins of Trade Issues

Liberalism and Mercantilism Mercantilist Trade Policy The Corn Laws The Roots of Mercantilism The Demise of Mercantilism and the Birth of Liberalism The Rise of the Market The Advent of Free Trade Theory The Political Conflict over the Corn Laws Conclusion: The Triumph of Free Trade

3 The Politics of Protectionism

Cycles of Global Mercantilism and Liberalism The Reaction to Laissez-Faire The Rise of the Working Class and Political Democracy Modern Elaborations of Liberal Trade Theory The Distributional Dilemma: The Impact of Trade on Class The Distributional Politics of Trade Policy The Effects of Market Dominance and Decline Trade and the Great Depression Conclusion: The Sources of Policy Cycles

4 The International Politics of Trade

The Origins of Bretton Woods Hegemonic Stability Theory and American Global Leadership Liberal Interdependence and Peace The Ideals and Institutions of the Bretton Woods System The Principles of GATT/WTO The Financial Institutions of the Bretton Woods System The Uruguay Round of GATT The World Trade Organization Conclusion: Trade Dilemmas, International Institutions, and the “Battle of Seattle,”

5 Neomercantilism and Bilateral Trade Issues

U.S.–Japanese Trade Tensions The Effects of International Trade on the State Differences in Trade Policies Japanese Trade Policy Strategic Trade Theory and Policy The Different Roots of American and Japanese Trade Policy Contemporary American Trade Policy Recent Trade Disputes Conclusion: The Future of American-Japanese Relations

6 Regional Integration

The Evolution of the European Union Integration: Liberal on the Inside and Mercantilist on the Outside The Mercantilist Roots of the EU The Liberal Roots of the EU The Political Roots of the EU The Dilemmas Posed by Exchange-Rate Policy The Evolution of the North American Free Trade Agreement Motivations for NAFTA The Dilemmas in NAFTA and the Political Response The Dilemma of National Sovereignty The Dilemma of Value Trade-Offs and Environmental Politics The Distributional Dilemma and the Politics of Labor Issues The Impact of NAFTA and the Mexican Collapse Conclusion: Lessons from NAFTA

7 Globalization and Outward-Oriented Development

Globalization Trade Options for Poor Countries Outward-Oriented Development The Dilemmas of Outward-Oriented Development The Coming Storm: Dilemmas Revealed The Asian Meltdown The Dangers of Deficits: Who’s Next?

8 Looking Ahead

Missions Reviewed Mercantilism and Liberalism: A Summary Perspective Future Challenges Conclusion: Individual Choices

Discussion Questions Notes Suggested Readings Glossary About the Book and Author Index