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Trade Policy and Corporate Business Decisions$
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Tamir Agmon and Christine R. Hekman

Print publication date: 1990

Print ISBN-13: 9780195055382

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780195055382.001.0001

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Building Blocks for United States Trade Policy in the 1990s

Building Blocks for United States Trade Policy in the 1990s

(p.43) 4 Building Blocks for United States Trade Policy in the 1990s
Trade Policy and Corporate Business Decisions

Jonathan D. Aronson

Oxford University Press

This chapter provides the probabilistic estimates of the major building blocks of United States trade policy. This information also serves as an input for risk evaluation and the design of responses at the corporate level. The Tokyo Round of Negotiations (1973–79) even yielded a series of new codes that begin to grapple with problems of nontariff barriers. But protectionalism is fungible. In addition, many countries made concessions during negotiations and then immediately undermined them by erecting new regulatory obstacles that impede trade. In short, when countries reduce certain trade barriers, they do not automatically embrace trade.

Keywords:   nontariff barriers, protectionalism, trade

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