RICHARD JAMES SWEENEY
The case for trade liberalization. The power positions of protectionist groups. The interdependence of trading policies. OPEC's influence. Politics and economics. Macroeconomics and trade negotiations. The need for sound monetary and fiscal policies.
Problems affecting the international economy fall into two general categories: macroeconomic issues and trade policy. Trade policy is an ongoing issue, fought out every day in Congress, the executive agencies, and the courts, as well as in international negotiations. The Tokyo Round of negotia-