Free Trade under Fire

Free Trade under Fire

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Growing international trade has helped lift living standards around the world, and yet free trade is always under attack. Critics complain that trade forces painful economic adjustments, such as plant closings and layoffs of workers, and charge that the World Trade Organization serves the interests of corporations, undercuts domestic environmental regulations, and erodes America's sovereignty. Why has global tradea€”and trade agreements such as NAFTAa€”become so controversial? Does free trade deserve its bad reputation? In Free Trade under Fire, Douglas Irwin sweeps aside the misconceptions that litter the debate over trade and gives the reader a clear understanding of the issues involved. This fourth edition has been thoroughly updated to include the most recent policy developments and the latest research findings on the impact of trade.For example, between 2006 and 2009, Chinese furniture firms paid $13 million to about twenty U.S. furniture makers at a time when the ITC was reviewing antidumping duties on wooden bedroom furniture. The Chinese firms apparently didanbsp;...


Title:Free Trade under Fire
Author: Douglas A. Irwin
Publisher:Princeton University Press - 2015-06-30
ISBN-13:

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