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Trade Is Not a Four-Letter Word: How Six Everyday Products Make the Case for Trade

Trade Is Not a Four-Letter Word: How Six Everyday Products Make the Case for Trade

by Fred P. Hochberg

Avid Reader Press / Simon Schuster ·2020 ·336 pages ·Politics
Maybe Someday
Maybe Someday
I Index
37/99
Maybe Someday

40/99

Critics

Maybe Someday

34/99

Readers

n/a

Scholars

27/99

Rating

52/99

Volume

56/99

Rating

12/99

Volume

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About This Book

From former Chairman and President of the Export-Import Bank of the United States Fred P. Hochberg comes an illuminating and engaging tutorial on the basics of modern trade. Trade—the exchange that powers the world—allows us to sell what we produce at home and purchase what we don't. In the age of globalization, trade has joined together more people than ever before, providing access to major new markets and countless new products that have revolutionized our lives. However, for millions of people, global trade has become a popular target for blame and the frustrations of modern life. Much of the public only connects trade with unfathomable, high-level deals causing the fundamental principles to often seem inaccessible and confusing. Through the lens of six quintessential American goods, Fred P. Hochberg breaks down colorful and compelling real-world examples to dispel the widespread myths and confusions surrounding trade. By using six widely consumed American goods—the taco salad, the minivan, the banana, the iPhone, the college degree, and the HBO series Game of Thrones—Hochberg highlights the story of America's most surprising trade relationships while sharing the essentials of trade that everyone should know.


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Reviews

"The author distills for readers the fact that there will always be winners and losers in trade relationships, but that trade supports a greater good for American society—and this point needs to be better understood ..."

Jacob Sherman· Library Journal Read review ↗ Top of the Pile

"Trump, if you take him at his word, displays a 'fundamental misunderstanding' of trade in his exaggerated concern over trade deficits."

George Melloan· The Wall Street Journal Read review ↗ Near the Top

"Still, an approachable, well-argued work."

Alan Moores· Booklist Read review ↗ Near the Top

"Hochberg hails the 'flexible, adaptable work opportunities' created by such companies as Uber and Airbnb without fully addressing the limits of the gig economy, but he balances capitalist cheerleading with an acknowledgment that 'trade creates winners and losers.' Lay readers looking to reach a more informed opinion on trade policy would do well to pick up this nuanced and approachable account."

Publishers Weekly Read review ↗ Near the Top

"A rousing, well-argued defense of global trade in a time of isolationist entrenchment."

Kirkus Read review ↗ Maybe Someday

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