Two Centuries of Tariffs
Author | : John M. Dobson |
Publisher | : |
Total Pages | : 156 |
Release | : 1976 |
Genre | : Tariff |
ISBN | : |
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Author | : John M. Dobson |
Publisher | : |
Total Pages | : 156 |
Release | : 1976 |
Genre | : Tariff |
ISBN | : |
Author | : Douglas A. Irwin |
Publisher | : University of Chicago Press |
Total Pages | : 873 |
Release | : 2017-11-29 |
Genre | : Political Science |
ISBN | : 022639901X |
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
Author | : |
Publisher | : |
Total Pages | : |
Release | : 1966 |
Genre | : Foreign trade regulation |
ISBN | : |
Author | : David Greenaway |
Publisher | : London : Macmillan |
Total Pages | : 264 |
Release | : 1983 |
Genre | : Business & Economics |
ISBN | : |
Author | : General Agreement on Tariffs and Trade (Organization) |
Publisher | : |
Total Pages | : 560 |
Release | : 1956 |
Genre | : Tariff |
ISBN | : |
Author | : United States. Federal Trade Commission |
Publisher | : |
Total Pages | : 298 |
Release | : 1916 |
Genre | : Latin America |
ISBN | : |
Author | : Avery Elizabeth Hurt |
Publisher | : Cavendish Square Publishing, LLC |
Total Pages | : 80 |
Release | : 2019-07-15 |
Genre | : Young Adult Nonfiction |
ISBN | : 1502646129 |
A renegotiation of NAFTA and a trade war with China have kept tariffs and trade agreements in the news in the early twenty-first century. Tariffs, trade barriers, and the potential consequences of both are complex. This book presents a difficult subject in a straightforward and interesting manner. The use of historical and cultural tidbits, such as how the press ridiculed the embargo of 1870 by referring to it as "O grab me!" which is embargo spelled backward, will delight readers. They'll learn how South Carolina threatened to secede from the Union over tariffs in 1832, almost thirty years before it actually did secede. A discussion of the theory and history of tariffs and trade barriers puts the concept in context, while recent examples illuminate how they work in practice.
Author | : Neil Vousden |
Publisher | : Cambridge University Press |
Total Pages | : 328 |
Release | : 1990-08-31 |
Genre | : Business & Economics |
ISBN | : 9780521346696 |
Over the past two decades there has been a gradual but fundamental change in the nature of trade protection. Even as international negotiation has succeeded in reducing tariffs to low levels, national governments have resorted to a range of increasingly intricate policies to protect their domestic industries from foreign competition. Direct quantitative restrictions on international trade have become particularly widespread. Such nontariff barriers often have very different effects from tariffs and require careful analysis in their own right. This book presents a systematic overview of the modern theory of trade protection. The material in the book divides naturally into four sections. The first section covers trade restrictions in competitive markets, the second trade restrictions and imperfect competition, the third the political economy of trade protection, and the fourth the theory of policy reform. The presentation makes extensive use of diagrams, with the more difficult mathematics included in six appendixes.
Author | : Alberto Cavallo |
Publisher | : International Monetary Fund |
Total Pages | : 37 |
Release | : 2019-11-01 |
Genre | : Business & Economics |
ISBN | : 1513518380 |
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.
Author | : General Agreement on Tariffs and Trade (Organization) |
Publisher | : |
Total Pages | : 28 |
Release | : 1958 |
Genre | : Tariff |
ISBN | : |