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Anne O. Krueger, a former World Bank chief economist and former first deputy managing director of the International Monetary Fund, is Caroline and Herald L. Ritch Professor Emeritus of Arts and Sciences in the Economics Department and Senior Fellow at the Center for International Development at Stanford University. She is also Senior Research Professor of International Economics at the School of Advanced International Studies, Johns Hopkins University.Summing up, policymakers around the world would do well to have a copy of Anne Krueger's book and read it: a suggestion that also invites translation to other languages. This contribution is also a natural candidate for inclusion in reading lists of courses focusing on topics such as economic journalism, international trade, globalisation, Trump's policies, applied economic analysis, and international institutions. Most significantly, 'concerned citizens' around the world now have the unique opportunity of learning international trade and the high costs of trade protection from Professor Anne Krueger, one of the sharpest economic minds of our times.
Asian-Pacific Economic Literature
In International Trade: What Everyone Needs to Know, Anne Krueger of Stanford University, a distinguished international economist, explodes the myths of Mr. Trump's approach. No, one cannot reduce a country's overall trade deficit by attacking bilateral deficits. No, foreign exporters did not bear the cost of the tariffs Mr. Trump imposed. No, the US will not make the Chinese do what it wants by inflicting punishment unilaterally. No, liberal trade is not a plot against America. And no, protectionism was never going to bring back the vanished industrial jobs of the past.
Financial Times
It is hard to think of any significant aspect of trade policy that is not brilliantly covered in this eminently readable book. Professor Krueger here distills a lifetime of research and real-world experience into a fascinating guidebook covering what every concerned citizen should know about trade history and policy.
Arnold C. Harberger, Gustavus F. and Ann M. Swift Distinguished Service Professor Emeritus in Economics, University of Chicago
International trade and trade policies affect all consumers, producers and workers and even the fate of nations. Anne Krueger has written that rare gem: a concise, readily accessible volume on a vital topic that needs to be read by newcomers to the field and those needing a refresher course alike.
Michael J. Boskin, Professor of Economics and Hoover Institution Senior Fellow, Stanford University, and Former Chairman of the President's Council of Economic Advisers