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Making trade policy while pursuing the war on terrorism: free trade remains the objective, but is a step back sometimes necessary for two steps forward?

From: Business Economics  |  Date: 4/1/2002  |  Author: Stern, Paula

As in the war against communism, free trade is one of the most potent tools in combating terrorism. However, to move forward it is necessary to get broad agreement. This paper describes and discuss several critical aspects of current trade policy: (1) the Bush Administration use of US trade laws in the recent steel case and the role of the International Trade Commission as a safety value in moving toward freer trade; (2) The President's pending request to Congress for so-called fast ...

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