U.S. trade and global markets
Krogh, Peter F. (Peter Frederic)
Person InterviewedSmart, Bruce
Bergsten, C. Fred
Examines America's fight for equality in foreign trade. Discusses the serious problem of the United States faltering as the major economic power in the world and what Americans can do about it.
In 1988 global economic competition became a 'political football' of the presidential election. Just when America's prosperity seemed to depend on expanding trade, it found itself in a world of cut-throat competition from new centers of economic power. George H. W. Bush, then Vice President to Ronald Reagan and the Republican nominee embraced the free trade policies of Reagan. Gov. Michael Dukakis blamed an increasing trade deficit on the unregulated spending spree on imported goods and encouraged investment at home. Bruce Smart, Under Secretary of Commerce for International Trade, and Daniel Sharp, International Affairs Advisor for Xerox join moderator Peter Krogh to examine both sides of the argument and to discuss the role of exchange rates, protectionism and domestic investment in international trade. Their assessments make one point clear: the days of America's global economic primacy may be over
United States -- Foreign economic relations; Balance of trade -- United States; United States -- Commerce; International trade; United States -- Foreign economic relations -- Japan; Japan -- Foreign economic relations -- United States; International Economics, Trade and Business; International Trade; Inflation; Global Competition; George H.W. Bush; Michael Dukakis; Ronald Reagan; Free Trade;
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Krogh, Peter F. (Peter Frederic) (Jefferson Communications Inc.Georgetown University. School of Foreign Service, 1983)Examines protectionist legislation proposed in the face of a rising tide of cheap imports and a global recession.
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