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(Ebook) U.S. Trade, Protectionism and the Global Economic Downturn by Andrew J. Caldwell ISBN 9781616685126, 1616685123

  • SKU: EBN-51360744
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Authors:Andrew J. Caldwell
Pages:146 pages.
Year:2010
Editon:1
Publisher:Nova Science Publishers, Incorporated
Language:english
File Size:3.25 MB
Format:pdf
ISBNS:9781616685126, 1616685123
Categories: Ebooks

Product desciption

(Ebook) U.S. Trade, Protectionism and the Global Economic Downturn by Andrew J. Caldwell ISBN 9781616685126, 1616685123

The U.S. trade deficit is shrinking primarily because the global financial crisis is causing U.S. exports to drop faster than U.S. imports. In today's severe global economic downturn, concerns are being raised that countries may try to improve their own trade positions in order to help domestic industries at the expense of others by imposing measures that artificially increase their exports or restrict imports. Such efforts are considered by some to be a form of "protectionism". This book develops three scenarios to approximate different dimensions of the relationship between the global economic downturn and protectionism, as well as reviewing why the U.S. trade deficit is shrinking so severely.
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