Document Type

Article

Publication Title

Cornell International Law Journal

Abstract

In this essay I would like to offer two perspectives on the United States-Japan trade relationship. The first is a time perspective. I spent a year in Japan, from 1983 to 1984, during which time I tried to pay some attention to the trade issues people felt were important. I thought it might be interesting to reveiw what the live trade issues were then and see whether we appear to have made much progress since. This is the reason for the "view from 1984" in my title. The second perspective is a "disciplinary" perspective. My major area of academic interest is antitrust law. We are now approaching the centennial of antitrust law in the United States, but antitrust law is not found only in the United States. Japan has had an antitrust law for more than forty years. I would like to argue that an antitrust perspective is vital for addressing the second part of my title, "what have we learned in five years." Indeed, I believe that attention to antitrust concepts is important not only for the U.S.-Japan trade relationship, but also if we are to make progress in addressing significant issues of economic policy for our domestic economy. Specifically, I will argue that the United States should resist efforts to pursue a policy of "managed" trade, and should instead focus on market oriented strategies.

First Page

509

Volume

22

Publication Date

1989

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