Chapter

Building Blocks for United States Trade Policy in the 1990s

Jonathan D. Aronson

in Trade Policy and Corporate Business Decisions

Published in print April 1990 | ISBN: 9780195055382
Published online October 2011 | e-ISBN: 9780199855056 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780195055382.003.0004
Building Blocks for United States Trade Policy in the 1990s

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This chapter provides the probabilistic estimates of the major building blocks of United States trade policy. This information also serves as an input for risk evaluation and the design of responses at the corporate level. The Tokyo Round of Negotiations (1973–79) even yielded a series of new codes that begin to grapple with problems of nontariff barriers. But protectionalism is fungible. In addition, many countries made concessions during negotiations and then immediately undermined them by erecting new regulatory obstacles that impede trade. In short, when countries reduce certain trade barriers, they do not automatically embrace trade.

Keywords: nontariff barriers; protectionalism; trade

Chapter.  8140 words. 

Subjects: Economic Systems

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