Date | 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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