Realism and Postwar US Trade Policy

John Kunkel

Asia Pacific Economic Papers from Australia-Japan Research Centre, Crawford School of Public Policy, The Australian National University

Abstract: This paper examines the credentials of the realist approach to international political economy as explanatory theory of postwar US trade policy. It argues that the realist link between international structure, US national trade interest and policy outcome is not strong. Empirical anomalies are identified in terms of both the general openness of US policy and the sectoral pattern of protection. The realist approach to explaining US trade policy suffers from the twin problems of a high level of policy indeterminacy and the theoretical neglect of state–society relations crucial to domestic trade preference formation.

JEL-codes: F13 (search for similar items in EconPapers)
Pages: 39 pages
Date: 1998-11
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:csg:ajrcau:285

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