Economists disagree on whether recent US trade policies are harmful or helpful. These 12 essays explore crucial issues in US trade policy, examining topics such as the markets for automobiles and automobile parts in the USA and Japan, and the US response to "unfair" trading practice.

Acknowledgments Introduction Robert C. Feenstra 1: Carwars: Trying to Make Sense of U.S.-Japan Trade Frictions in the Automobile and Automobile Parts Markets James Levinsohn 2: Explaining Domestic Content: Evidence from Japanese and U.S. Automobile Production in the United States Deborah L. Swenson 3: Protectionist Threats and Foreign Direct Investment Bruce A. Blonigen, Robert C. Feenstra. 4: Foreign Direct Investment and Keiretsu: Rethinking U.S. and Japanese Policy David E. Weinstein 5: U.S.-Japan Telecommunications Trade Conflicts: The Role of Regulation Andrew R. Dick 6: Testing Models of the Trade Policy Process: Antidumping and the "New Issues" Robert E. Cumby, Theodore H. Moran. 7: The Trade Effects of U.S. Antidumping Actions Thomas J. Prusa 8: Determinants and Effectiveness of "Aggressively Unilateral" U.S. Trade Actions Kimberly Ann Elliott, J. David Richardson. 9: Whither Flat Panel Displays? Kala Krishna, Marie Thursby. 10: Causes and Consequences of the Export Enhancement Program for Wheat Pinelopi Koujianou Goldberg, Michael M. Knetter. 11: The Effects of Offshore Assembly on Industry Location: Evidence from U.S. Border Cities Gordon H. Hanson 12: Market-Access Effects of Trade Liberalization: Evidence from the Canada-U.S. Free Trade Agreement Keith Head, John Ries. Contributors Name Index Subject Index