Aggressive U.S. Reciprocity Evaluated with a New Analytical Approach to Trade Conflicts
Kenneth M. Glazier was Chief Librarian Emeritus at the University of Calgary, Alberta.
With an increasing emphasis on the controversial issue of “free trade” between Canada and the United States, this publication will be of interest to many Canadians whose welfare is linked to the decision. Again the prestigious Institute for Research on Public Policy in Ottawa has chosen a timely topic. The author has a Ph.D from Harvard, has taught at the University of Western Ontario since 1958, and has written a number of articles and books on trade policy.
The United States is the single largest market for Canadian exports, hence trade-policy developments in that country are of critical importance to Canada, even when Canada is not the target of U.S. policy proposals. The United States is also the leading member of the international trade-policy community. In this study Wonnacott provides an analysis of “aggressive” reciprocity and its development, and he constructs a theoretical framework for analyzing this policy and the response it may induce. He considers the present trade tension between the United States and Japan and the relevance of this problem to Canada.
Numerous graphs and a selected bibliography increase the book’s value to scholars, teachers, and students, as well as to government and international organizations.