Working Paper: NBER ID: w15397
Authors: Robert E. Baldwin
Abstract: This paper presents a comprehensive but relatively brief historical survey of U.S. trade-policy over the last 75 years. It is aimed at individuals who are not already familiar with the concepts and terminology used in discussions of trade policy and the domestic and international institutional framework within which U.S. trade policies are formulated and implemented. Particular attention is devoted to exploring the underlying economic and political conditions that have shaped U.S. trade policies over the period.
Keywords: No keywords provided
JEL Codes: A22; A23; F02; F1; F13; F5; F53; F59
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| Rising import prices (F14) | Decline in average tariff levels on dutiable imports (F13) |
| Tariff acts (H25) | Decline in average tariff levels on dutiable imports (F13) |
| Domestic economic conditions + Foreign policy objectives (F59) | Political decisions (e.g., Trade Agreements Act of 1934) (F13) |
| Political dynamics (Republican and Democratic views) (D72) | Legislative outcomes (e.g., Trade Agreements Act of 1934) (F13) |
| Political context (influence of organized labor and business interests) (J58) | Trade policy landscape (F13) |