Growing international trade has helped lift living standards around the world, and yet free trade is always under attack. Critics complain that trade forces painful economic adjustments, such as plant closings and layoffs of workers, and charge that the World Trade Organization serves the interests of corporations, undercuts domestic environmental regulations, and erodes America's sovereignty. Why has global trade--and trade agreements such as NAFTA--become so controversial? Does free trade deserve its bad reputation?
In Free Trade under Fire, Douglas Irwin sweeps aside...
Growing international trade has helped lift living standards around the world, and yet free trade is always under attack. Critics complain that tra...