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International Trade and Political Conflict

Commerce, Coalitions, and Mobility

Michael J. Hiscox

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Princeton University Press img Link Publisher

Sozialwissenschaften, Recht, Wirtschaft / Politikwissenschaft

Beschreibung

This book unveils a potent new approach to one of the oldest debates in political economy--that over whether class conflict or group competition is more prevalent in politics. It goes further than any study to date by outlining the conditions under which one type of political conflict is more likely than the other. Michael Hiscox focuses on a critical issue affecting support for and opposition to free trade--factor mobility, or the ability of those who own a factor of production (land, labor, or capital) to move it from one industry to another. He argues that the types of political coalitions that form in trade politics depend largely on the extent to which factors are mobile between industries. Class coalitions are more likely where factor mobility is high, Hiscox demonstrates, whereas narrow, industry-based coalitions predominate where it is low.


The book also breaks new ground by backing up the theory it advances with systematic evidence from the history of trade politics in six nations over the last two centuries, using a combination of case studies and quantitative analysis. It makes fresh conclusions about the forces shaping trade policy outcomes--conclusions that yield surprising insights into the likely evolution of the global trading system and U.S. trade policy in particular. International Trade and Political Conflict is a major contribution to the scholarly literature while being accessible to anyone interested in understanding and predicting developments in trade policy.

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Schlagwörter

Behalf, Factors of production, Legislation, Legislator, Voting, Political economy, Agriculture, Statistical Abstract of the United States, North American Free Trade Agreement, Electoral district, Economist, Policy, Smoot–Hawley Tariff Act, Protectionism, Trade association, Nationalization, Footwear, History, Hiscox, Research and development, Manufacturing, Tories (British political party), Class conflict, Economy, Liberalization, United States congressional committee, Industry, Trade union, Import Duty, Economy of the United States, Employment, Politics, World War II, Percentage, Income, Factor endowment, Lobbying, Coalition government, General equilibrium theory, United States Congress, Trade agreement, Raw material, Free trade, Industrial policy, Tax, Industry Group, Secondary sector of the economy, Import quota, Member of Congress, Industrialisation, Major party, Relative price, Welfare, Textile industry, Unemployment, Calculation, Corn Laws, Tariff, Wage, Communism, Prediction, Export, Commodity, Political party, Capitalism, Subsidy, International trade, Party system, Activism, Economic policy