Acknowledgments; Introduction; PartI. THE PROBLEMS; Ch01. The Problem of Mercantilism; Ch02. The Problem of Private Savings Flows; Ch03. The Problem of Trade Deficits; PartII. THE FAILURES; Ch04. The Failure of the Economists; Ch05. The Failure of the Political System; Ch06. The Failure of the Federal Reserve; PartIII. THE SOLUTIONS; Ch07. Reciprocity; Ch08. Methods for Balancing Trade; Ch09. The Scaled Tariff; Ch10. Balanced Trade Economics; References; Index; About the Authors
Summary
Classical economics assumed that trade always balanced, but often trade is not balanced. For example, some neo-mercantilist trading partners attempt to distort the terms of trade in order to garner economic and political advantages. Balanced Trade examines the economic and political consequences of imbalanced trade, and provides a set of policy prescriptions that countries might adopt to balance trade
Bibliography
Includes bibliographical references (pages 117-124) and index
Notes
Print version record and CIP data provided by publisher; resource not viewed
