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Trade policy has moved from the wings onto center stage. Between 1992 and 2000, US exports rose by 55 percent. By the year 2000, trade summed to 26 percent of US GDP, and the United States imported almost two-thirds of its oil and was the world's largest host country for foreign investors....
Persistent link: https://www.econbiz.de/10008833618
Between 1992 and 2000, US exports rose by 55 percent. By the year 2000, trade summed to 26 percent of US GDP, and the United States imported almost two-thirds of its oil and was the world's largest host country for foreign investors. America's interest in a more open and prosperous foreign...
Persistent link: https://www.econbiz.de/10008833692
These case studies in multilateral trade policymaking and dispute settlement explore the changing substance of trade agreements and also delve into the negotiation process--the who, how, and why of decisionmaking. They allow the reader to see how trade policy actually works and are an ideal way...
Persistent link: https://www.econbiz.de/10008833695
The goals and concerns surrounding the debate over government policies related to the greater use and production of biofuels were addressed in an executive session convened by the John F. Kennedy School of Government at Harvard University and the Venice International University on May 19th and...
Persistent link: https://www.econbiz.de/10005002353
Concerns that (1) growth in developing countries could worsen the US terms of trade and (2) that increased US trade with developing countries will increase US wage inequality both implicitly reflect the assumption that goods produced in the United States and developing countries are close...
Persistent link: https://www.econbiz.de/10008468456
Conventional trade theory, which combines the Heckscher-Ohlin theory and the Stolper-Samuelson theorem, implies that expanded trade between developed and developing countries will increase wage equality in the former. This theory is widely applied. It serves as the basis for estimating the...
Persistent link: https://www.econbiz.de/10008468458
Beneficiation, moving downstream, and promoting greater value added in natural resources are very common policy initiatives to stimulate new export sectors in developing countries, largely based on the premise that this is a natural and logical path for structural transformation. But upon closer...
Persistent link: https://www.econbiz.de/10005819231
This paper evaluates the US initiative to establish a Free Trade Agreement with countries in the Middle East by signing bilateral agreements with the countries individually and then combining them into a single arrangement. These agreements present new opportunities for Arab countries, but to...
Persistent link: https://www.econbiz.de/10005350278
Four scenarios for the global trading system in the 1990s are outlined and their implications for developing countries considered: (i) further development of a GATT-based trading regime; (ii) development of a world of trading blocs -- where the critical issue is not whether they will emerge (they...
Persistent link: https://www.econbiz.de/10004962681