Americas International Trade A Reference Handbook

Throughout much of the history of the United States, the domestic market provided the major outlet for the national economy. Accordingly, most legislation during this period protected the domestic economy. After World War II, the traditional policies changed as the United States rebuilt the world’s economy. To reach the world market, policies of free trade have gradually developed. The United States is now part of the globalization of the world’s economy. Fundamental changes are evolving as the United States competes in the world market.
This book begins with a short description of the evolution of the trade policies of the United States. A discussion of tariffs and trade barriers is followed by an analysis of trade promotion techniques such as trade fairs, advertising, catalogs, and trade missions. Since World War II, the development of global policies on trade relationships have become increasingly essential to the economy of individual nations. Beginning in 1947, the world’s nations have attempted to develop a global policy, such as the General Agreement on Tariffs and Trade. More recently, free trade policies have evolved under regional systems. The United States has been a leader in the evolution of free trade in North America. The trade legislation of the United States has evolved from a policy of trade protection to policies to reduce all trade barriers worldwide. The legislation has become more comprehensive and now includes policies to protect such activities as services, insurance, and banking.

Other chapters provide information on a variety of topics. A chronology lists important data in the evolution of national and international laws and regulations. Many public and private organizations at both the national and international levels provide information on trade relationships.

In recent years, there has been a massive increase in the amount of literature on trade. Chapter 5 presents an annotated bibliography of books on a variety of topics, as well as nearly 1,000 articles from journals and government publications. The references are arranged topically, and include a list of selected journals that publish articles on trade. The book concludes with an annotated list of films and a glossary.