Overview
McGee takes the position that the only proper trade policy is one of total, immediate, and unilateral free trade, since such a policy is the only one that is consistent with individual rights. He also explodes the myth that trade deficits are bad and advocates the repeal of the antidumping laws, incorporating rights theory as well as utilitarian arguments. This book is unique in that it (1) does not limit itself to utilitarian arguments, (2) explains why trade deficits are irrelevant, and (3) calls for immediate repeal of the antidumping laws. Part I discusses the philosophy of protectionism and reviews nearly two dozen arguments that projectionists have used to restrict trade. A whole chapter is devoted to exploding the myth that trade deficits are bad. Part II elaborates on the monetary and nonmonetary costs of protectionism. Part III addresses the philosophy and practice of antidumping policy in the United States, and shows why the policy is irrational, destructive and anti-consumer, and concludes that repeal rather than reform is called for. Part IV discusses other issues, such as the policy options for Europe, the effect of competition on prices and efficiency, the stages of economic development and their connection to trade policy, and the irrationality of the United States trade policy toward Eastern Europe.
Full Product Details
Author: Robert McGee
Publisher: Bloomsbury Publishing Plc
Imprint: Praeger Publishers Inc
Dimensions:
Width: 15.60cm
, Height: 1.20cm
, Length: 23.40cm
Weight: 0.476kg
ISBN: 9780899308982
ISBN 10: 0899308988
Pages: 216
Publication Date: 16 August 1994
Recommended Age: From 7 to 17 years
Audience:
College/higher education
,
Professional and scholarly
,
Undergraduate
,
Postgraduate, Research & Scholarly
Format: Hardback
Publisher's Status: Active
Availability: Manufactured on demand
We will order this item for you from a manufactured on demand supplier.
Reviews
?This book is intended to educate government officials and the general public about the costs and consequences of protectionism and the implications these policies hold for individual rights. The book contains a wealth of case studies and empirical examples suitable for use in the classroom. Students of international economics, the educated public, and government officials have much to gain from the background information and policy-oriented discussions contained in this well-written book.?-The International Trade Journal
Author Information
ROBERT W. McGEE is a Professor in the W. Paul Stillman School of Business at Seton Hall University. He is the author/editor of more than 30 books and monographs and has written many articles and reviews for a variety of professional and scholarly journals. Among his recent books is Business Ethics & Common Sense (Quorum, 1992).
