Gerald R Ford School of Public Policy

PubPol 201
Module 1: International Trade Policy

Fall 2017, 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

Sep 12 Overview of 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
Sep 14 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
Economist, "Keep the Costs of Trade in Perspective" [5p] Canvas
Sep 15 Section: Comparative Advantage and Free Trade
Bhagwati, "Does the Free Market Corrode Moral Character?" [2p] Canvas
Deardorff, "...Comparative Advantage" [7p] Online
Sep 19 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>
Sep 21 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
Sep 22 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
Sep 26 NAFTA and Its Effects
AFL-CIO, "NAFTA at 20", pp 1-29 only. [19p] Online
Brown, "Review of NAFTA Revisited" [3p] Online (J)
Faux, "Overhauling NAFTA" [2p] Online
Porter, "Labor Wants to Make Nafta Its Friend. Here's the Problem." [5p] Canvas
Posen, "The Case for Trade" [2p] Online-Proquest
Sep 28 NAFTA Renegotiation
AFL-CIO, "A NAFTA that Works Must Empower Working People, Not Corporations" [2p] Online
AFL-CIO, "Making NAFTA Work for Working People", pp 1-29 only. [29p] Online
Donnan, "Can Donald Trump deliver on his threat to pull out of Nafta?" [5p] Canvas
Economist, "The North American Free-Trade Agreement renegotiation begins" [3p] Canvas
Lester et al., "Renegotiating NAFTA in the Era of Trump: Keeping the Trade Liberalization In and the Protectionism Out" [18p] Online
Panetta, "Canada's 10 NAFTA demands: A list of what Canada wants as talks start this week" [2p] Online
USTR, "Summary of Objectives for the NAFTA Renegotiation" [18p] Online
Sep 29 Section: NAFTA Renegotiation
      Discussion of recent items that you've found online and in the news.
      A few examples from late August:
Franko, "No Corporate Trade Deals" [2p] Online
McDonnell, "Mexico says it won't renegotiate NAFTA with President Trump via Twitter" [2p] Online
Yglesias, "Justin Trudeau, unlike Trump, is taking NAFTA renegotiation really seriously" [4p] Online

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