Term
U.S. foreign trade 1
- U.S foreign trade and global economic policies have changed direction dramatically.
- The united states dominated many expot markets for much of the post war period.
|
|
Definition
|
|
Term
U.S. Foreign Trade 1
- By the 1970's, though, the gap between the Unites State's and other countries' export competitiveness was narrowing.
- Foreign Trade reflected both the tendency on Americans to consumer more and save less than people in Europe and Japan and the fact that the American economy was growing very fast.
|
|
Definition
|
|
Term
U.S. Foreign Trade 1
- Despite the setbacks to free trade, the United States continued to advance trade liveralization in international negotiations in the 1990's.
- Still, at the end of the 1990s, the future direction of U.S trade policy was uncetain.
|
|
Definition
|
|
Term
U.S. Foreign Trade 2
- The United States has not always been a forceful advocate of free trade.
- Statesman Alexander Hamilton advocated a protective tariff to encourage American industrial development.
|
|
Definition
|
|
Term
U.S. Foreign Trade 2
- Following WW2 , many U.S. leaders argued that the domestic stability and continuing loyalty of the U.s. allies would depend on their economic recovery.
- In addition to setting codes of conduct for international trade, GATt sponsored several rounds of multilateral trade nogotiations.
|
|
Definition
|
|
