Cover: U.S. Economic Unilateralism:  Implications for Pacific Basin Countries

U.S. Economic Unilateralism: Implications for Pacific Basin Countries

Published 1998

by Julia F. Lowell

Purchase Print Copy

 Format Price
Add to Cart Paperback32 pages $20.00

In contrast to the multilateral, consensus-driven approach to world trade pursued by U.S. policymakers from approximately 1946 to 1985, U.S. trade policy today has a strong unilateral component. Nevertheless, the United States has by no means abandoned its long-standing claim to the role of free trade champion. One indication is that U.S. policymakers continue to emphasize market-opening measures abroad, as opposed to market-closing measures at home. Efforts to open foreign markets are justified not only in terms of the potential benefits to U.S. exporters, but also by increases in foreign consumer welfare. Other exporting nations may also benefit from U.S.-initiated market-opening measures. This paper synthesizes the results of a September 1996 conference designed to explore the implications of U.S. economic unilateralism for the countries of the Pacific Basin. The conference was co-sponsored by RAND's Center for Asia-Pacific Policy, The Japan-America Society of Southern California, and The Asia Society of Southern California. Background research for the conference was made possible by the Korea Foundation.

This report is part of the RAND paper series. The paper was a product of RAND from 1948 to 2003 that captured speeches, memorials, and derivative research, usually prepared on authors' own time and meant to be the scholarly or scientific contribution of individual authors to their professional fields. Papers were less formal than reports and did not require rigorous peer review.

This document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited; linking directly to this product page is encouraged. Permission is required from RAND to reproduce, or reuse in another form, any of its research documents for commercial purposes. For information on reprint and reuse permissions, please visit

RAND is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.