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

von Fred P. Hochberg

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2021,100,642 (3.67)Keine
"Trade allows us to sell what we produce at home and purchase what we don't. It lowers prices and gives us greater variety and innovation. Yet understanding our place in the global trade network is rarely so simple, and today's workers are wary of being taken advantage of. Trade has become an easy excuse for struggling economies, a scapegoat for our failures to adapt to a changing world, and--for many Americans on both the right and the left--nothing short of a four-letter word. But as Fred P. Hochberg reminds us, trade is easier to understand than we commonly think. In Trade Is Not a Four-Letter Word, you'll learn how NAFTA became a populist punching bag on both sides of the aisle. You'll learn how Americans can avoid the grim specter of the $10 banana. And you'll finally discover the truth about whether or not, as President Trump once famously tweeted, "trade wars are good and easy to win." (Spoiler alert--they aren't.) Hochberg unravels the mysteries of trade by pulling back the curtain on six everyday products, each with a surprising story to tell: the taco salad, the Honda Odyssey, the banana, the iPhone, the college degree, and the smash hit HBO series Game of Thrones. Behind these six examples are stories that help explain not only how trade has shaped our lives so far but also how we can use trade to build a better future for our own families, for America, and for the world. There is no going back. Trade Is Not a Four-Letter Word is the antidote to today's acronym-laden trade jargon pitched to voters with simple promises that rarely play out so one-dimensionally. It's time to read between the lines. Packed with colorful examples and highly digestible explanations, Trade Is Not a Four-Letter Word entertains as it dispels popular misconceptions and arms readers with a thorough grasp of the basics of trade."--Amazon.com.… (mehr)
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Way too U.S. centered. And the language. Trade for Dummies, anyone? Gave up.
  Den85 | Jan 3, 2024 |
Enlightening. Read This Book Before Voting. In this book, the most recent former Chairman of the Export-Import Bank of the United States of America - the person who led the organization prior to the current Acting President - explains what trade is and why it is good for America in a mostly objective fashion. In his recommendations for future action, particularly in the last couple of chapters, he gets a bit blatantly partisan and thus lost a star (and arguably could have lost another one - it gets that blatant at times). But beyond that particular part of the book this is a genuinely amazing and even shocking look at just how prevalent trade is in the modern American marketplace and just how much so many of our various - and not always obvious - systems and towns rely on it. For example, apparently 100% of US Penicillin - the main base component of all antibiotics I am personally aware of - comes from... China. Pretty well the entire US higher education system is dependent upon... foreign students paying full tuition. And despite being a "Chinese product", the Apple iPhone is only... 8% Chinese. So take the recommendations for future action with at least a fair amount of salt, but read the dang book - you need to know the basics here so that you can no longer be manipulated on this issue. Very much recommended.

This book publishes in January 2020 and I am writing this review on December 16, 2019. Obviously this is an Advance Review Copy. And while I hate having to say this because I treat *all* book reviews exactly the same, just so no one gets in trouble with any agencies let us be clear that this review is both freely given and my own uncoerced thoughts on the book. ( )
  BookAnonJeff | Jul 11, 2021 |
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"Trade allows us to sell what we produce at home and purchase what we don't. It lowers prices and gives us greater variety and innovation. Yet understanding our place in the global trade network is rarely so simple, and today's workers are wary of being taken advantage of. Trade has become an easy excuse for struggling economies, a scapegoat for our failures to adapt to a changing world, and--for many Americans on both the right and the left--nothing short of a four-letter word. But as Fred P. Hochberg reminds us, trade is easier to understand than we commonly think. In Trade Is Not a Four-Letter Word, you'll learn how NAFTA became a populist punching bag on both sides of the aisle. You'll learn how Americans can avoid the grim specter of the $10 banana. And you'll finally discover the truth about whether or not, as President Trump once famously tweeted, "trade wars are good and easy to win." (Spoiler alert--they aren't.) Hochberg unravels the mysteries of trade by pulling back the curtain on six everyday products, each with a surprising story to tell: the taco salad, the Honda Odyssey, the banana, the iPhone, the college degree, and the smash hit HBO series Game of Thrones. Behind these six examples are stories that help explain not only how trade has shaped our lives so far but also how we can use trade to build a better future for our own families, for America, and for the world. There is no going back. Trade Is Not a Four-Letter Word is the antidote to today's acronym-laden trade jargon pitched to voters with simple promises that rarely play out so one-dimensionally. It's time to read between the lines. Packed with colorful examples and highly digestible explanations, Trade Is Not a Four-Letter Word entertains as it dispels popular misconceptions and arms readers with a thorough grasp of the basics of trade."--Amazon.com.

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