FROM BILATERALISM TO LIMITED NEUTRALITY: AMERICAN FOREIGN TRADE 1933 – 1939
Journal Title: Medzinárodné vzťahy - Year 2018, Vol 16, Issue 3
Abstract
This study analyzes primarily the United States’ external economic relations from 1933 to 1939. The new foreign-trade policy strategy adopted after 1933, based on expanded bilateralism and reciprocal trade agreements, is outlined. This liberal policy could influence both the volumes and the structure of foreign trade of the USA. Although, American government tried to solve domestic economic problems by supporting exports in some industries (for example in agriculture), the U.S. commodity structure changed according to a longer-term trend towards that of an industrially advanced country. Government interventions were also partly reflected in greater importance of trade with strategically substantial areas, such as Latin America. A salient conclusion of the study is also the assertion that the significance of foreign trade, albeit rising in the course of the 1930s, was still marginal.
Authors and Affiliations
Zdenka Johnson
Keywords
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