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Development of Policy under the Trade Agreements Program

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  • James G. Smith

Abstract

Origins of the program, 297.— Pitfalls of the policy, 299.— State Department's attempts to avoid them, 300.—Difficulty in application of most-favored-nation principle, 301.—Attempts to meet this, 302.— "Safeguards" 303.— Quotas and exchange control, 304.—Prohibitions on sanitary grounds, 305.— Monopolistic practices, 305.— Domestic planning measures, 305.— The problem of monetary instability, 307. — Conflict with bilateral exchange pacts, 309.—Conclusions: no safeguards developed against managed currency and economic planning pitfalls, 311.—Leadership incumbent upon creditor nations, 312.

Suggested Citation

  • James G. Smith, 1936. "Development of Policy under the Trade Agreements Program," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 50(2), pages 297-312.
    • Handle: RePEc:oup:qjecon:v:50:y:1936:i:2:p:297-312.
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