Free Trade, Fair Prices, and Sustainable Deficits
The recently approved economic stimulus package will put many people back to work in government-financed jobs and will bolster the sagging finances of state and local governments, concedes the author. But he argues that a successful, sustainable economic recovery will require making U.S. products more competitive internationally and reducing our trade deficit. Doing this could restore a major share of the 8 million jobs that have been lost largely to an overvalued dollar. In his piece, he examines the reasons that traditional protectionist approaches to restoring trade balances are not desirable, and he proposes a foreign currency transaction tax instead.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 52 (2009)
Issue (Month): 6 (November)
|Contact details of provider:|| Web page: http://mesharpe.metapress.com/link.asp?target=journal&id=106043|
When requesting a correction, please mention this item's handle: RePEc:mes:challe:v:52:y:2009:i:6:p:29-59. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Nguyen)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.