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Trade is not a four letter word : how six everyday products make the case for trade / Fred P. Hochenberg.

Available copies

  • 1 of 1 copy available at LARL/NWRL Consortium.
  • 1 of 1 copy available at Lake Agassiz Regional Library. (Show preferred library)

Current holds

0 current holds with 1 total copy.

Location Call Number / Copy Notes Barcode Shelving Location Status Due Date
Detroit Lakes Public Library 382.3097 HOC (Text) 33500013201215 New Available -

Record details

  • ISBN: 9781982127367
  • ISBN: 1982127368
  • Physical Description: xxxii, 299 pages : illustrations ; 24 cm
  • Edition: First Avid Reader Press hardcover edition.
  • Publisher: New York : Avid Reader Press, 2020.

Content descriptions

Bibliography, etc. Note:
Includes bibliographical references and index.
Summary, etc.:
"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."

  • Booklist Reviews : Booklist Reviews 2019 December #2
    It says everything about how willfully blind Americans have become to, say, the cars we drive, the food we eat, and the clothes we wear that a case has to be made for the value of foreign trade. But Hochberg, head of the Export-Import Bank from 2009 to 2017, cheerfully takes it head-on, first demolishing a set of myths finding currency in today's conversation, among them: China is always the villain in global trade, bilateral trade deficits matter, tariffs are paid by foreigners, trade wars work, and the less we import, the better off we are. He highlights six invaluable products that embody our country's trade interdependence, including our diverse food system, the most American car on the road (the Honda Odyssey, 75 percent American-made), our computers and smartphones, and, intriguingly, our educational system. He also takes criticisms head-on, agreeing with many of them—including the fact that there really are losers in the bargain—while offering mitigations. Oddly, he ignores the most damning criticism: the huge carbon footprint produced by global trade. Still, an approachable, well-argued work. Copyright 2019 Booklist Reviews.

Subject: United States > Commercial policy.
United States > Commercial treaties.
International trade.
Free trade > United States.
Globalization > United States.
Protectionism > United States.

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