J. Bradford JensenMcCrane/Shaker Chair in International Business and Director of the Izmirlian Program in Business and Global Affairs - Georgetown University
PERHAPS AT NO POINT in recent years has the debate over the direction
of trade policy so demanded public attention. Whether it has been Al
Gore and Ross Perot clashing on national television about the merits
and pitfalls of the North American Free Trade Agreement (NAFTA),
or individual members of Congress attempting to provide additional
protection for domestic industries in the General Agreement on Tariffs
and Trade (GATT), the debate over the pace and scope of changes in
trade regulations and tariffs has been omnipresent. Both proponents and
opponents of NAFTA and GATT have argued that the implementation
of these treaties will have large and important effects on the domestic
economy.
