Description: This collection of original essays focuses on issues of international trade and trade policy in a world undergoing structural adaptation in the light of a growing US trade deficit.
Brief description: Robert M. Stern is Professor of Economics at the University of Michigan and Director of the Institute of Public Policy Studies. He is coauthor with Allan V. Deardorff of The Michigan Model of World Production and Trade (MIT Press 1985.)
Review Quotes: "Bob Stern and his fellow authors have produced a book that should be particularly helpful to the Congress as it grapples with the huge trade deficit. But the book is much more than a statement of well-known economic principles. It breaks new ground in a variety of fields and will be useful to thoughtful students of international economics."--Alfred Reitman, Senior Fellow in International Economics, Congressional Research Service