From former Chairman and President of the Export-Import Bank of the United States Fred P. Hochberg comes a tutorial on the basics of modern trade.
What The Reviewers Say
Jacob Sherman,
Library Journal
Hochberg has written an expert defense of trade while also explaining the myths that have clouded our understanding of the ways in which trade fits into everyday life.
George Melloan,
The Wall Street Journal
... a sprightly and clear-eyed testimonial to the value of globalization.
Alan Moores,
Booklist
[Hochberg] 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..