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Double or Nothing

Open Trade and Competitive Industry

Bibliographic Data

ID3377016
AuthorsJohn Zysman (0000-0002-4272-4985), Stephen S Cohen
Year1983
Volume61
Issue5
Pages1113
Publication date1983-01-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueForeign Affairs (JOURNAL)
Journal identifiersISSN: 0015-7120 • E-ISSN: 2327-7793
PublisherJSTOR (PUBLISHER)
DOI10.2307/20041639
OpenAlexW2562416081
LanguageEN
Citations received3

J?^rade disputes have moved from the business page to the front page. No longer can they be considered ordinary commercial frictions to be dealt with in a routine way through existing institu tions and within agreed rules. Nor are they simply the unhappy consequences of an international economic decline that will melt away with the first burst of economic resurgence. It is becoming obvious that a basic long-term conflict over na tional economic position and advantage underlies many of the present trade troubles. In the narrowest sense it is a question of which countries will create substantial commercial advantage in the growth industries of the future, which countries will be able to defend employment in today's mainline industries during that tran sition, and which countries will move up to substantial roles in traditional sectors. More broadly, the very international rules de termining the appropriate roles for government in national and international economic life are being challenged and the premises of multilateral trade arrangements are being questioned by a series of state-centered industrial development and trade strategies. Trade conflicts are already generating tensions that directly affect political relations between America and its allies, and among the allies. The open trade system?free exchange of goods among countries?has been a part of the foundation of America's inter national leadership. Sustaining an open trade system in the years since the Second World War required that the American economy be able to absorb?without substantial domestic political disloca tion?the impact of foreign strategies for adjustment and develop

Business · Commerce · Economics · International trade · Nothing · Global trade and economics

  • Theories of international regimes

    Open Access•Stephan Haggard, Beth A Simmons•International Organization•1987

  • Institutional instability, governance and telematics

    Puay Tang•Review of International Political…•1995

  • The American industrial Policy debate

    Grahame Thompson•Economy and Society•1987

Unique citing works3
Citations per year0,08
Citation span1987 - 1995 (9)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 2

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