Trading Free: The GATT and U.S. Trade Policy

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A generation ago, the teaching of macroeconomics in many American classrooms did not involve any analysis of international flows of goods and services. The reasoning behind this approach was straightforward: the amounts involved were statistically trivial compared to the immense gross domestic product of the United States. In Trading Free, Patrick Low, makes a strong case against too much emphasis on trade negotiations as a zero-sum game, with winners and losers and the future of the GATT.
by Patrick Low