Hard Bargaining Ahead

"A well-integrated volume which analyzes major trade problems and sets forth concrete, reasonable proposals for dealing with them." --Foreign AffairsNorth-South trade relations are deeply troubled. U.S. exports to developing countries declined by $19.2 billion for 1980-83, at the cost of some 1.1 million jobs in the U.S. export sector. Many developing countries, meanwhile, face financial crises that can only be resolved over the long run through resumed expansion of trade. In this volume, distinguished practitioners and academics identify specific policy objectives for the United States on issues that will be prominent in the proposed new round of GATT negotiations: adjustment of U.S. firms and workers to imports from developing countries, including sensitive sectors such as textile and steel; transition or "graduation" of the newly industrialized countries of East Asia and Latin America to a more reciprocal basis of access to markets; special benefits for the poorest or least developed countries; and preferential trading arrangements.