American Business and Public Policy: The Politics of Foreign Trade

Excerpt

This is a study of American politics and of international communication. Its subject is the ethos and actions of business executives when confronted by a political issue--foreign-trade legislation--with repercussions throughout the world as well as at home.

The issue of foreign trade links the smallest domestic business to the broadest questions of foreign policy. The jobs of coal-miners in West Virginia are affected, but so is the power of NATO and the modernization of developing countries. In the foreign-trade issue, foreign policy becomes domestic politics.

The politics of trade legislation is our subject. We start with the renewal of the Reciprocal Trade Act in 1953 and end with the passage of Kennedy's Trade Expansion Act in 1962. The latter act set this nation on a path toward what may some day be a boundaryless Atlantic economy. The Common Market is already becoming an economic unity. The Trade Expansion Act allows the United States to press for a still-greater West straddling the Atlantic. Before such a bill could be enacted into law, American attitudes had to change. That attitude change and its translation into action is our story.

Additional information

Contributors:
Publisher: Place of publication:
  • New York
Publication year:
  • 1963

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