Title Free trade under fire / Douglas A. Irwin

Edition Fifth edition Published Princeton, New Jersey : Princeton University Press, [2020] ©2020

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Description 1 online resource (xi, 349 pages) Contents The United States in the global economy -- The case for free trade : old theories, new evidence -- Protectionism : economic costs, political benefits? -- Trade, jobs, and wages -- Trade remedies and relief from from foreign competition -- Developing countries and open markets -- The world trading system : the WTO, trade disputes, and regional agreements Summary An updated look at global trade and why it remains as controversial as everFree trade is always under attack, more than ever in recent years. The imposition of numerous U.S. tariffs in 2018, and the retaliation those tariffs have drawn, has thrust trade issues to the top of the policy agenda. Critics contend that free trade brings economic pain, including plant closings and worker layoffs, and that trade agreements serve corporate interests, undercut domestic environmental regulations, and erode national sovereignty. Why are global trade and agreements such as the Trans-Pacific Partnership so controversial? Does free trade deserve its bad reputation? In Free Trade under Fire, Douglas Irwin sweeps aside the misconceptions that run rampant in the debate over trade and gives readers a clear understanding of the issues involved. In its fifth edition, the book has been updated to address the sweeping new policy developments under the Trump administration and the latest research on the impact of trade Analysis Adobe Algorithmic trading Anti-globalization movement Balance of trade Brookings Institution Bureaucrat Calculation Commercial policy Comparative advantage Competition Competitiveness Consumer Consumption (economics) Currency Developed country Donald Trump Dumping (pricing policy) Economic development Economic growth Economic integration Economic interventionism Economic policy Economics Economist Economy of the United States Economy Employment Exchange rate Expense Export subsidy Export Financial crisis of 2007-08 Financial crisis Foreign direct investment Foreign trade of the United States Free trade General Agreement on Tariffs and Trade Globalization Great Recession Gross domestic product Import "a Import Duty Import Income Industrial policy Industry Inflation International Monetary Fund International trade Investment Journal of International Economics Legislation Liberalization Lobbying Macroeconomics Manufacturing Market economy Market price National security Net Exporter Net Importer North American Free Trade Agreement Oxford University Press Paul Krugman Payment Percentage point Peterson Institute for International Economics Policy Politician Price support Princeton University Press Product (business) Productivity Protectionism Ralph Nader Real income Recession Regulation Smoot-Hawley Tariff Act Subsidy Supply (economics) Tariff Tax Technology The Wealth of Nations Trade agreement Trade barrier Trade diversion Trade restriction Trade union Trade war Trans-Pacific Partnership Unemployment United States Department of Commerce Wage Welfare World Bank World Trade Organization World War II World economy Bibliography Includes bibliographical references and index Notes Description based on print version record and CIP data provided by publisher; resource not viewed Subject Free trade -- United States Globalization. globalism. BUSINESS & ECONOMICS -- International -- Economics. Commercial policy Free trade Globalization SUBJECT United States -- Commercial policy. http://id.loc.gov/authorities/subjects/sh85139978 Subject United States Form Electronic book LC no. 2023700483 ISBN 9780691203362 0691203369

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