Trade Barriers Hurt

The narrative begins by tracing the evolution of global trade from the late 19th century to the present, highlighting key economic and political events that shaped trade policies. The book uniquely combines rigorous economic analysis with detailed historical context, moving beyond simplistic arguments surrounding free trade. It utilizes quantitative data, such as trade statistics and GDP figures, along with qualitative analysis, including archival documents and case studies, to illustrate the human impact of trade policies.

Structured across three sections, the book introduces fundamental concepts of international trade, analyzes the 1930s with a focus on the Smoot-Hawley Tariff Act, and evaluates contemporary trade disputes. It offers policy recommendations aimed at promoting international economic cooperation and mitigating the negative impacts of trade barriers. This approach makes it valuable for policymakers, business professionals, and anyone interested in understanding the complexities of international trade and economic history.