Description
This study seeks to unravel the “free trade vs. managed trade” debate. It provides innovative recommendations for US policy according to detailed and rigorous case studies of high-technology trade conflicts between america, Japan and Europe in aircraft, telecommunications, electronics and supercomputers.The study addresses three key issues: What trade policy must america adopt to enhance its high-technology industries? What domestic policy initiatives are important to comprehend this goal? Are new international rules had to reduce trade conflicts over high-technology industries? Tyson, formerly Chair of the President’s Council of Economic Advisers, develops a “cautious activist” policy agenda to advertise US competitiveness in high-technology sectors and to fortify international rules to encourage trade and reduce conflicts among nations.