Gerald R Ford School of Public Policy

PubPol 201
Module 3: International Trade Policy

Fall 2018, Alan Deardorff

Contacts Readings





Click on: Title for full citation to the reading and a few questions on it
"Online" the reading itself if available on the web
"Canvas" the reading itself (via UM Canvas course site)


Topic and Assigned Reading

Oct 25 Intro to Trade and Trade Policy
Baldwin"U.S. Trade Policy since 1934: An Uneven Path toward Greater Trade Liberalization" (read only Section 5, pp. 25-30) [6p] Online
USITC, "U.S. Trade Policy since 1934" (read only pp. 59-89). [31p] Online
Verrill, "An Introduction to Trade Remedies Available under U.S. Law" [3p] Canvas
WTO, "What is the World Trade Organization?" [2p] Online
Oct 26 Section: KORUS Amended
Premack, "What Is KORUS, And Why Is Trump So Mad About It?" [3p] Online
White House, "President Donald J. Trump is Fulfilling His Promise" [4p] Online
Fernaández Campbell, "Trump's new trade deal with South Korea, explained" [7p] Online
Oct 30 The Gains and Losses from Trade
Bernstein, "Getting straight about the costs of trade" [3p] Online
Deardorff, "Benefits and Costs of Following Comparative Advantage" [42p] Canvas
Deardorff, "Tariff in Partial Equilibrium" [8p] Online | Canvas
Economist, "Keep the Costs of Trade in Perspective" [5p] Canvas
Nov 1 Trade Deficits; Currency Manipulation
Bergsten and Gagnon, "The New US Currency Policy" [6p] Online
Economist, "China and currency manipulation" [3p] Canvas
FT View, "Donald Trump beats a retreat over China's currency" [3p] Canvas
Lankford, "The U.S. trade deficit is a good thing. Really" [2p] Online
Mankiw, "Want to Rev Up the Economy? Don't Worry About the Trade Deficit" [3p] Canvas
Talley, "U.S. Treasury Stops Short of Calling China a Currency Manipulator" [3p] Canvas>
Newmyer, "...Currency claims" [2p (of 9)] Canvas
Nov 2 Section: Comparative Advantage and Free Trade
Bhagwati, "Does the Free Market Corrode Moral Character?" [2p] Canvas
Deardorff, "...Comparative Advantage" [7p] Online
Nov 6 The China Shock
Arnold, "China Killed 1 Million U.S. Jobs, But Don't Blame Trade Deals" [1p] Online
Autor et al. (ADH), "The China Shock: Learning from Labor Market Adjustment to Large Changes in Trade" [31p] Online
Davis & Hilsenrath, "How the China Shock, Deep and Swift, Spurred the Rise of Trump" [12p] Canvas
Economist, "Economists Argue about the Impact of Chinese Imports on America" [3p] Canvas
Krugman, "The China Shock and the Trump Shock" [1p] Online
Nov 8 Trade Policies under Trump
Bown and Kolb, "Trump's Trade War Timeline" [3p] Online | Online-PDF
Schlesinger & Ailworth, "U.S. Imposes New Tariffs" | Canvas. [4 pp]
Ward, "Deal to avoid a trade war" | Online. [4 pp]
Legrain, "Why China Will Win the Trade War" [4p] Online
Mitchell, "Trump's tariffs prove tougher obstacle than China expected" [5 pp] Canvas.
Barfield, "Trump wants to withdraw from the WTO" [3p] Online
Nov 9 Section: Germany's export surplus
Economist, "Why Germany's current-account surplus is bad for the world economy" [5p] Canvas
Donnan, "Trump's top trade adviser accuses Germany of currency exploitation" [5p] Canvas
Landler, "Blind Spots in Trump's Trade Tirade Against Germany" [4p] Canvas
Nov 13 NAFTA and Its Renegotiation
AFL-CIO, "NAFTA at 20", pp 1-29 only. [19p] Online
Posen, "The Case for Trade" [2p] Canvas
AFL-CIO, "A NAFTA that Works Must Empower Working People, Not Corporations" [2p] Online
USTR, "Summary of Objectives for the NAFTA Renegotiation" [18p] Online
Tankersley, "Trump Just Ripped Up Nafta. Here's What's in the New Deal." [3p] Canvas
Economist, "Canada joins North America's revised trade deal" [3p] Canvas

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