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Economists disagree on whether recent U.S. trade policies are harmful or helpful, but they all agree that there is a new trend toward focusing on results-oriented policies in specific markets and with particular trading partners. These twelve essays by leading international economists explore crucial issues in U.S. trade policy today. Topics examined include the markets for automobile and automobile parts in the United States and Japan, the U.S. response to "unfair" trading practices such as dumping, and the effects of industry- and country-specific policies. Examples include high-technology and agricultural industries and off-shore assembly in U.S. border cities. The volume concludes that some policies can act to both protect imports and promote exports, that the threat of protectionist policies can often have effects that are as pronounced as their implementation, and that regulatory policy has as great an impact on trade and investment patterns as does trade policy itself. It will be of crucial interest to international trade economists, policy specialists, and political scientists.
As U.S. industry faces worldwide challenges, policymakers are asking questions about the role of the federal government-not only in promoting basic research but also in ushering new innovations to the marketplace. This book offers an expert consensus on how government and industry together can respond to the new realities of a global marketplace. The volume offers firm conclusions about policy and organizational changes with the greatest potential to improve our technological competitiveness-and presents three alternative approaches for a new federal role. The volume examines: How federal involvement in technology development affects the nation's economic well-being. What we can learn from past federal efforts to stimulate civilian technology development-in the United States and among our major industrial competitors. How trends in productivity, R&D, and other key areas have affected U.S. performance, and how we compare to the world's rising industrial economies. Offering guidance on one of the 1990s most important issues, this volume will be indispensible to federal policymakers, executives in industry and technology, and researchers.
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Introduction -- Intellectual property rights basics -- Global intellectual property holdings -- Contribution of intellectual property to U.S. economy -- The organized structure of IPR protection -- U.S. trade law -- Issues for Congress.
Includes history of bills and resolutions.
CRS report for Congress prepared for members and committees of Congress.