Free trade, fair trade, strategic trade, and protectionism in the U.S. Congress, 1987–88
Stanley D. Nollen, Dennis P. Quinn
Abstract
Stanley D. Nollen, Dennis P. Quinn
Abstract
What conditions led the One Hundredth Congress of the United States to enact fair trade and strategic trade policies into law during 1987-88? Political partisanship is an important force, with Democrats supporting and Republicans opposing all types of trade intervention. Otherwise, the coalitions of support for and opposition to the various trade policies differ, particularly in the Senate. In that body, international business is associated with support for fair trade policies and with opposition to classical protectionism, while domestic U.S. business is associated with support for classical protectionism. Liberalism is strongly associated with support for fair and strategic trade policies but is not associated with classical protectionism. In the House of Representatives, the long-standing protectionist coalition remains an influence. Few forces in support of free trade remain in U.S. politics. Changing international market conditions rapidly affect the making of U.S. trade policy.
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What conditions led the One Hundredth Congress of the United States to enact fair trade and strategic trade policies into law during 1987-88? Political partisanship is an important force, with Democrats supporting and Republicans opposing all types of trade intervention. Otherwise, the coalitions of support for and opposition to the various trade policies differ, particularly in the Senate. In that body, international business is associated with support for fair trade policies and with opposition to classical protectionism, while domestic U.S. business is associated with support for classical protectionism. Liberalism is strongly associated with support for fair and strategic trade policies but is not associated with classical protectionism. In the House of Representatives, the long-standing protectionist coalition remains an influence. Few forces in support of free trade remain in U.S. politics. Changing international market conditions rapidly affect the making of U.S. trade policy.
Key concepts: Protectionism, Opposition (politics), Commercial policy, International trade, Free trade, Economics, Trade barrier, Politics