Table of Contents

Introduction

Part 1. The Groundwork

Chapter 1. Trade in World History
Chapter 2. What is Trade Policy About and Why?
Chapter 3. Facts about Trade

Part 2. Trade Policy Issues

Chapter 4. Why Do Economists Advocate Free Trade?
Chapter 5. Nontariff Barriers
Chapter 6. Do Trade Deficits Matter: What Should Be Done about Them?
Chapter 7. Does Trade Hurt American Jobs?
Chapter 8. Currency Manipulation

Part 3. What Trade Policy Does

Chapter 9. Case Studies of Protection: Steel, Aluminum, Autos, Textiles, and Apparel
Chapter 10. Agriculture: Should We Support and Protect Agriculture?
Chapter 11. The WTO
Chapter 12. Trade Remedy Protection Ads and CVDs
Chapter 13. Grey Areas: Defense, Standards, Procurement, Self-sufficiency, Transport (Jones Act)

Part 4. Trade Relations and Roles of Countries and Regions

Chapter 14. Preferential Trading Arrangements
Chapter 15. EU and Brexit
Chapter 16. What about NAFTA/MUSCA?
Chapter 17. What Happened to the TPP?
Chapter 19. What about Trade with China?
Chapter 20. Developing Countries and Emerging Markets

Part 5. Why We Need an International Order

Chapter 21. Helping those Adversely Affected by Trade and Other Events
Chapter 22. Political Economy of Trade Policy
Chapter 23. Conclusion: Why We Need an International Order

About the Author

Anne O. Krueger, a former World Bank chief economist and former first deputy managing director of the International Monetary Fund, is Caroline and Herald L. Ritch Professor Emeritus of Arts and Sciences in the Economics Department and Senior Fellow at the Center for International Development at Stanford University. She is also Senior Research Professor of International Economics at the School of Advanced International Studies, Johns Hopkins
University.

Reviews

"In International Trade: What Everyone Needs to Know, Anne Krueger of Stanford University, a distinguished international economist, explodes the myths of Mr. Trump's approach. No, one cannot reduce a country's overall trade deficit by attacking bilateral deficits. No, foreign exporters did not bear the cost of the tariffs Mr. Trump imposed. No, the US will not make the Chinese do what it wants by inflicting punishment unilaterally. No, liberal trade is
not a plot against America. And no, protectionism was never going to bring back the vanished industrial jobs of the past." -- Financial Times
"It is hard to think of any significant aspect of trade policy that is not brilliantly covered in this eminently readable book. Professor Krueger here distills a lifetime of research and real-world experience into a fascinating guidebook covering what every concerned citizen should know about trade history and policy." -- Arnold C. Harberger, Gustavus F. and Ann M. Swift Distinguished Service Professor Emeritus in Economics, University of Chicago
"International trade and trade policies affect all consumers, producers and workers and even the fate of nations. Anne Krueger has written that rare gem: a concise, readily accessible volume on a vital topic that needs to be read by newcomers to the field and those needing a refresher course alike." -- Michael J. Boskin, Professor of Economics and Hoover Institution Senior Fellow, Stanford University, and Former Chairman of the President's Council of Economic
Advisers