Download or read book Clashing Over Commerce written by Douglas A. Irwin and published by University of Chicago Press. This book was released on 2017-11-29 with total page 873 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Foreign Affairs Best Book of the Year: “Tells the history of American trade policy . . . [A] grand narrative [that] also debunks trade-policy myths.” —Economist Should the United States be open to commerce with other countries, or should it protect domestic industries from foreign competition? This question has been the source of bitter political conflict throughout American history. Such conflict was inevitable, James Madison argued in the Federalist Papers, because trade policy involves clashing economic interests. The struggle between the winners and losers from trade has always been fierce because dollars and jobs are at stake: depending on what policy is chosen, some industries, farmers, and workers will prosper, while others will suffer. Douglas A. Irwin’s Clashing over Commerce is the most authoritative and comprehensive history of US trade policy to date, offering a clear picture of the various economic and political forces that have shaped it. From the start, trade policy divided the nation—first when Thomas Jefferson declared an embargo on all foreign trade and then when South Carolina threatened to secede from the Union over excessive taxes on imports. The Civil War saw a shift toward protectionism, which then came under constant political attack. Then, controversy over the Smoot-Hawley tariff during the Great Depression led to a policy shift toward freer trade, involving trade agreements that eventually produced the World Trade Organization. Irwin makes sense of this turbulent history by showing how different economic interests tend to be grouped geographically, meaning that every proposed policy change found ready champions and opponents in Congress. Deeply researched and rich with insight and detail, Clashing over Commerce provides valuable and enduring insights into US trade policy past and present. “Combines scholarly analysis with a historian’s eye for trends and colorful details . . . readable and illuminating, for the trade expert and for all Americans wanting a deeper understanding of America’s evolving role in the global economy.” —National Review “Magisterial.” —Foreign Affairs

Download or read book Tariff Passthrough at the Border and at the Store Evidence from US Trade Policy written by Alberto Cavallo and published by International Monetary Fund. This book was released on 2019-11-01 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: We use micro data collected at the border and at retailers to characterize the effects brought by recent changes in US trade policy - particularly the tariffs placed on imports from China - on importers, consumers, and exporters. We start by documenting that the tariffs were almost fully passed through to total prices paid by importers, suggesting the tariffs' incidence has fallen largely on the United States. Since we estimate the response of prices to exchange rates to be far more muted, the recent depreciation of the Chinese renminbi is unlikely to alter this conclusion. Next, using product-level data from several large multi-national retailers, we demonstrate that the impact of the tariffs on retail prices is more mixed. Some affected product categories have seen sharp price increases, but the difference between affected and unaffected products is generally quite modest, suggesting that retail margins have fallen. These retailers' imports increased after the initial announcement of possible tariffs, but before their full implementation, so the intermediate passthrough of tariffs to their prices may not persist. Finally, in contrast to the case of foreign exporters facing US tariffs, we show that US exporters lowered their prices on goods subjected to foreign retaliatory tariffs compared to exports of non-targeted goods.

Download or read book China s Growing Role in World Trade written by Robert C. Feenstra and published by University of Chicago Press. This book was released on 2010-03-10 with total page 603 pages. Available in PDF, EPUB and Kindle. Book excerpt: In less than three decades, China has grown from playing a negligible role in international trade to being one of the world's largest exporters, a substantial importer of raw materials, intermediate outputs, and other goods, and both a recipient and source of foreign investment. Not surprisingly, China's economic dynamism has generated considerable attention and concern in the United States and beyond. While some analysts have warned of the potential pitfalls of China's rise—the loss of jobs, for example—others have highlighted the benefits of new market and investment opportunities for US firms. Bringing together an expert group of contributors, China's Growing Role in World Trade undertakes an empirical investigation of the effects of China's new status. The essays collected here provide detailed analyses of the microstructure of trade, the macroeconomic implications, sector-level issues, and foreign direct investment. This volume's careful examination of micro data in light of established economic theories clarifies a number of misconceptions, disproves some conventional wisdom, and documents data patterns that enhance our understanding of China's trade and what it may mean to the rest of the world.

Download or read book Congressional Record written by United States. Congress and published by . This book was released on 1929 with total page 1048 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Congressional Record is the official record of the proceedings and debates of the United States Congress. It is published daily when Congress is in session. The Congressional Record began publication in 1873. Debates for sessions prior to 1873 are recorded in The Debates and Proceedings in the Congress of the United States (1789-1824), the Register of Debates in Congress (1824-1837), and the Congressional Globe (1833-1873)

Download or read book China Trade and Power Why the West s Economic Engagement Has Failed written by Stewart Paterson and published by London Publishing Partnership. This book was released on 2018-10-18 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: From a Western point of view, the policy of economic engagement with China has failed. A rapid rise in living standards in China has helped legitimize and strengthen the Chinese Communist Party’s power. How did Western, market-orientated, property-owning, liberal democracies go from being in a position of complete global hegemony in the early 1990s to the current crisis of confidence and loss of moral foundation? This book tells the story of the most successful trading nation of the early twenty-first century. It looks at how the Communist Party of China has retained and cemented its monopoly on political power since China’s accession to the World Trade Organization in December 2001. It is the most extraordinary economic success story of our time and it has reshaped the geopolitics not just of Asia but of the world. As China has come to dominate global manufacturing, its economic power has been translated into political power, and the West now has a global rival that is politically antithetical to liberal values. The supply-side deflation from allowing 750 million low-cost workers into the global trading system combined with the policy of inflation targeting by Western central banks has led to falling real incomes for many in the West and rising asset prices that have benefited the few. Worse still, China’s mercantilist model is now held up as a viable economic alternative. To have a fighting chance of protecting the freedoms of liberal democracies, it is of the utmost importance that we understand how the policy of indulgent engagement with China has affected Western society in recent years. Only then can the global trading system be reoriented for the mutual benefit of all nations.

Download or read book The China Weekly Review written by and published by . This book was released on 1925 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Japan written by and published by . This book was released on 1926 with total page 670 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Emerging Powers and the World Trading System written by Gregory Shaffer and published by Cambridge University Press. This book was released on 2021-07-22 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains the rise of China, India, and Brazil in the international trading system, and the implications for trade law.

Download or read book China Monthly Review written by and published by . This book was released on 1922 with total page 630 pages. Available in PDF, EPUB and Kindle. Book excerpt: Vol. 37 includes "Special number on extraterritoriality", issued June 19, 1926.

Download or read book Survey of International Affairs written by and published by . This book was released on 1928 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: The war-time series for 1939-46, edited by A. J. Toynbee, comprises the following volumes: [v.1] The world in March 1939, edited by A. J. Toynbee and F. T. Ashton-Gwatkin.--[v.2] The Middle East in the war, by G. Kirk.--[v.3] America, Britain & Russia, their co-operation and conflict, 1941-1946, by W. H. McNeill.--[v.4] Hitler's Europe, edited by A. Toynbee and V. M. Toynbee.--[v.5] The Middle East, 1945-1950, by G. Kirk.--[v.6] The realignment of Europe, edited by A. Toynbee and V. M. Toynbee.--[v.7] The Far East, 1942-1946, by F. C. Jones, H. Borton and B. R. Pearn.--[v.8] Four-power control in Germany and Austria, 1945-1946. I. Germany, by M. Balfour. II. Austria, by J. Mair.--[v.9] The war and the neutrals, edited by A. Toynbee and V. M. Toynbee.--[v.10] The eve of war, 1939, edited by A. Toynbee and V. M. Toynbee.--[v.11] The initial triumph of the Axis, edited by A. Toynbee and V. M. Toynbee.

Download or read book Millard s Review of the Far East written by and published by . This book was released on 1925 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: Vol. 34 includes "Special tariff conference issue" Nov. 6, 1925.

Download or read book The Far Eastern Review written by and published by . This book was released on 1925 with total page 886 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book China s War on Smuggling written by Philip Thai and published by Columbia University Press. This book was released on 2018-06-12 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Smuggling along the Chinese coast has been a thorn in the side of many regimes. From opium and weapons concealed aboard foreign steamships in the Qing dynasty to nylon stockings and wristwatches trafficked in the People’s Republic, contests between state and smuggler have exerted a surprising but crucial influence on the political economy of modern China. Seeking to consolidate domestic authority and confront foreign challenges, states introduced tighter regulations, higher taxes, and harsher enforcement. These interventions sparked widespread defiance, triggering further coercive measures. Smuggling simultaneously threatened the state’s power while inviting repression that strengthened its authority. Philip Thai chronicles the vicissitudes of smuggling in modern China—its practice, suppression, and significance—to demonstrate the intimate link between illicit coastal trade and the amplification of state power. China’s War on Smuggling shows that the fight against smuggling was not a simple law enforcement problem but rather an impetus to centralize authority and expand economic controls. The smuggling epidemic gave Chinese states pretext to define legal and illegal behavior, and the resulting constraints on consumption and movement remade everyday life for individuals, merchants, and communities. Drawing from varied sources such as legal cases, customs records, and popular press reports and including diverse perspectives from political leaders, frontline enforcers, organized traffickers, and petty runners, Thai uncovers how different regimes policed maritime trade and the unintended consequences their campaigns unleashed. China’s War on Smuggling traces how defiance and repression redefined state power, offering new insights into modern Chinese social, legal, and economic history.

Download or read book Papers Relating to the Foreign Relations of the United States written by United States. Department of State and published by . This book was released on 1934 with total page 1000 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prior to 1870, the series was published under various names. From 1870 to 1947, the uniform title Papers Relating to the Foreign Relations of the United States was used. From 1947 to 1969, the name was changed to Foreign Relations of the United States: Diplomatic Papers. After that date, the current name was adopted.

Download or read book Britain s Imperial Retreat from China 1900 1931 written by Phoebe Chow and published by Routledge. This book was released on 2016-07-15 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: Britain’s relationship with China in the nineteenth and early twentieth century is often viewed in terms of gunboat diplomacy, unequal treaties, and the unrelenting pursuit of Britain’s own commercial interests. This book, however, based on extensive original research, demonstrates that in Britain after the First World War a combination of liberal, Labour party, pacifist, missionary and some business opinion began to argue for imperial retreat from China, and that this movement gathered sufficient momentum for a sympathetic attitude to Chinese demands becoming official Foreign Office policy in 1926. The book considers the various strands of this movement, relates developments in Britain to the changing situation in China, especially the rise of nationalism and the Guomindang, and argues that, contrary to what many people think, the reassertion of China’s national rights was begun successfully in this period rather than after the Communist takeover in 1949.

Download or read book Vassar Journal of Undergraduate Studies written by and published by . This book was released on 1927 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Monthly Record written by Manchester (England). Chamber of Commerce and published by . This book was released on 1926 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt: