Article

U.S. Trade Policy since 1934: An Uneven Path toward Greater Trade Liberalization

Robert E. Baldwin

in The Oxford Handbook of International Commercial Policy

Published in print May 2012 | ISBN: 9780195378047
Published online September 2012 | | DOI: http://dx.doi.org/10.1093/oxfordhb/9780195378047.013.0008

Series: Oxford Handbooks

 U.S. Trade Policy since 1934: An Uneven Path toward Greater Trade Liberalization

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This article describes various U.S. legislative and executive branch actions over the last 75 years that have produced the reduction in protectionism and explores the underlying economic and political conditions that have influenced these events. It covers trade liberalization under the Reciprocal Trade Agreements Program, 1934–1962; significant multilateral reductions in tariffs and nontariff trade barriers but with selective protectionism, 1962–1994; and the post-Uruguay Round period.

Keywords: trade policies; trade liberalization; Reciprocal Trade Agreements Program; tariffs; trade barriers; protectionism

Article.  8573 words. 

Subjects: Economics ; International Economics ; Public Economics

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