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America's Trade Crisis, The Making of the U.S. Trade Deficit

Congressman Don Bonker

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ISBN 10: 0395470390 / ISBN 13: 9780395470398
Published by Houghton Mifflin Company, Boston, Massachusetts, 1988
Condition: Very Good Plus Hardcover
From Gold Beach Books, Inc. (Gold Beach, OR, U.S.A.)

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About this Item

310 pages; cream boards with blue cloth, gilt spine titles; warmly inscribed in blue ink thanking a supporter and signed by the author ("Dan 7/12/88") on the front free endpaper; light smudge to fore-edge; top edge has some speckling; illustrated dust jacket (not price-clipped) had several large tears to the front, smaller ones to the rear and spine, which have been repaired with archival tape; contents clean and bright; binding square and tight; overall, a very good plus or better copy in a good plus to very good minus jacket. Bookseller Inventory # 001011

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Bibliographic Details

Title: America's Trade Crisis, The Making of the ...

Publisher: Houghton Mifflin Company, Boston, Massachusetts

Publication Date: 1988

Binding: Hardcover

Book Condition:Very Good Plus

Dust Jacket Condition: Good Plus

Signed: Signed by Author(s)

Edition: 1st Edition

About this title

Synopsis:

A Democratic congressman from Washington State charts America's rise to world economic leadership and its decline to debtor-nation status and offers a practical prescription for economic recovery

From Publishers Weekly:

Congressman Bonker (D-Washington) is chairman of the House Subcommittee on International Economic Policy and Trade, making him a leading spokesman for the Democratic Party on trade issues. Here he ably outlines the history of U.S. trade policy in this century. He warns strongly against following the path of the infamous Smoot-Hawley tariffs of the 1930s, which drove the world deeper into the Depression as international commerce collapsed. He cautions his colleagues against the politically seductive but ultimately destructive, dangers of protectionism. He is very worried that international trade imbalances may lead the world into a self-destructive spiral of rising protectionism and escalating rounds of retaliation by our trading partners. Many of Bonker's arguments are undercut by the fact that the U.S. trade deficit is narrowing and that continuing deindustrialization is unlikely in light of the current high levels of factory utilization. The book is being suggestively published on the day the Democratic National Convention opens, and one hopes that the party will adopt Bonker's moderate anti-protectionist stance on trade issues.
Copyright 1988 Reed Business Information, Inc.

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