Trade: With whom? for what? a citizens's guide to the trade debate
The only real trade policy choices involve how to manage trade. The four important choices to make in formulating trade agreements are whether they are: (1) rule-oriented or outcome-oriented; (2) uniform across the economy or sectoral; (3) aggressive or passive in enforcement; and (4) bilateral or multilateral. Preferences for various combinations of these variables depend on resolving conflicting goals. Important goal conflicts include whether to seek balanced trade versus a higher standard of living, gains of the zero-sum type or only those of the positive-sum type, relative wealth or absolute wealth, and profits for American corporations versus good jobs for Americans.
Year of publication: |
1990
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Authors: | Reich, Robert B. |
Published in: |
Journal of Policy Analysis and Management. - John Wiley & Sons, Ltd., ISSN 0276-8739. - Vol. 9.1990, 3, p. 391-399
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Publisher: |
John Wiley & Sons, Ltd. |
Saved in:
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