The Best U.S. Export-Promotion Strategy: Free Trade
Publication Date: May 2008
Publisher(s): Heritage Foundation (Washington, D.C.)
Author(s): Daniella Markheim
Series: Heritage Lecture
Keywords: Trade and foreign aid; free trade agreements; trade liberalization; Export-Import Bank
Coverage: United States
U.S. government programs that subsidize risk offer above-market returns by privatizing gains while socializing losses. Advancing freer trade through a comprehensive and substantive conclusion to the Doha Round of trade negotiations and ratification of the three pending free trade agreements would promote both U.S. prosperity and economic development abroad.