By targeting specific trade violations rather than balanced flows, global trade policy has been focusing on the wrong outcome. New trade rules are needed to create an international trading system in which comparative advantage allocates production.
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- Pages
- 36
- Published in
- United States of America
Table of Contents
- Contents 5
- Introduction 7
- Subsidies in the International Trade System 9
- Effects on the United States 16
- Dollar Dominance, Capital Controls, and the Development of the Contemporary Trade Regime 21
- What a Well-Functioning Global Trade Regime Looks Like 22
- Policy Solutions: Trade Interventions for Freer Trade 23
- Conclusion 28
- About the Authors 29
- Notes 31
- Carnegie Endowment for International Peace 34
