Dilemmas Of International Trade

A work which puts post-Cold War trade issues into historical and theoretical perspective with the British Corn Laws, the Great Depression, the Bretton Woods system, and the origins of the European Union.

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In the postCold War world, trade is the new arena for competitionbetween nations, between groups, between ethical and theoretical ideas. Political economist Bruce Moon puts contemporary trade eventsNAFTA, United StatesJapan controversies, the Uruguay Round of GATT, Chinas Most Favored Nation status, the founding of the World Trade Organizationinto historical and theoretical perspective as he clearly explains economic theory, terms, and concepts in the context of international relations. }In the postCold War world, trade is the new arena for competitionbetween nations, between groups, between ethical and theoretical ideas. Political economist Bruce Moon puts contemporary trade eventsNAFTA, United StatesJapan controversies, the Uruguay Round of GATT, Chinas Most Favored Nation status, the founding of the World Trade Organizationinto historical and theoretical perspective with the British Corn Laws, the Great Depression, the Bretton Woods system, and the origins of the European Union. Economic theory, terms, and concepts are clearly explained and contextualized with those from international relations.Throughout the book, three central dilemmas are examined: the unequal distribution of income and wealth created by international trade, the tradeoff among competing values that trade requires, and the difficult interrelationship between economic and foreign policy goals within and among trading nations.
Though internationally framed, each dilemma has ramifications at a variety of levels all the way down to the individuals role in the global economyas a consumer, as a citizen, and ultimately as a moral agent. }