America's trade follies : turning economic leadership into strategic weakness

America's Trade Follies controversially challenges the myths of the American trade deficit and the consequences of current US trade policy. It argues that the global political economy is hardening into regional blocs, in North America, Latin America, Europe and the Asia Pacific, which are organized around a powerful economic base and are suspicious of each other. Bernard K. Gordon's masterful analysis shows that this division into regional blocs fundamentally threatens American prosperity by limiting US access to the world's richest and largest markets, and endangers US security by dividing the globe along economic and political lines. It is vital, he argues, that US trade policy recognizes that support for regional trade blocs is an act of political folly in a globalized economy. Provocative, original and stimulating, this book is essential reading for all those interested in American politics, trade and international political economy. Can America continue to be the powerhouse of the world economy during the era of globalization? America's Trade Folly controversially challenges the myths of the American trade deficit and the consequences of current US trade policy. Bernard K. Gordon argues that the global political economy is hardening into regional blocs, all of which are organized around a powerful economic base and suspicious of each other. This masterful analysis shows that this division into regional blocs fundamentally threatens American prosperity by limiting US access to the world's richest and largest markets, and endangers US security by dividing the globe along economic and political lines. It is vital then that US trade policy recognizes that support for regional trade blocs is an act of political folly in a globalized economy.

America's Trade Follies controversially argues that the global political economy is hardening into regional blocs, in North America, Latin America, Europe and the Asia Pacific, organized around a powerful economic base and suspicious of each other. Bernard K. Gordon's masterful analysis shows that this division threatens American prosperity by limiting US access to the world's richest and largest markets, and endangers US security by dividing the globe along economic and political lines. Provocative, original and stimulating this book is essential reading for all those interested in American politics, trade and international political economy.

This book controversially argues that the global political economy is hardening into distinct regional blocs, which threatens American prosperity and dangers US security by dividing the globe along economic and political lines Although they have attracted much recent attention, regional blocs have a long history.