During its rise as a world power, the United States(U.S.) adopted a traditional form of mercantilism, and most US politicians followed a protectionist approach. From the end of the Civil War to the eve of World War I,...During its rise as a world power, the United States(U.S.) adopted a traditional form of mercantilism, and most US politicians followed a protectionist approach. From the end of the Civil War to the eve of World War I, the United States blazed a new trail of industrial development and implemented protective policies such as high tariffs. This historical tradition has had a profound influence on some current US politicians. After the collapse of the Bretton Woods system, the United States developed a new form of mercantilism, as manifested in the emergence of nontariff barriers instead of tariff barriers to restrict imports and protect domestic industries and employment. Although export regulations have avoided affecting the technology industry, they have led to hefty trade deficits for the United States. National interests have prevailed in U.S. decision-making and have influenced its choices to accede to or walk away from international organizations or treaties. The dollar's hegemony has played a pivotal role in U.S. economic policymaking. These factors have led to the twin deficits in the U.S. economy, i.e. a trade deficit and a fiscal deficit. The real intention of the United States in waging a trade war against China is to maintain and even strengthen the dollar's hegemony and the U.S.' international predominance.展开更多
This paper concentrates on American exceptionalism.It is divided into five parts.Firstly,a brief introduction about the paper is given.Secondly,the definition of American exceptionalism and a general overview of it ar...This paper concentrates on American exceptionalism.It is divided into five parts.Firstly,a brief introduction about the paper is given.Secondly,the definition of American exceptionalism and a general overview of it are given.Thirdly,the good side of American exceptionalism that makes the United States superior to other countries is clarified.Fourthly,the bad side of American exceptionalism is discussed.Finally,a concise conclusion of American exceptionalism is made.展开更多
The idea of commercial society in Britain was derived from the swift development of the commercial trade home and abroad. In the early times, economic thinkers shared the same idea about the importance of commercial p...The idea of commercial society in Britain was derived from the swift development of the commercial trade home and abroad. In the early times, economic thinkers shared the same idea about the importance of commercial profit, market, status and effects of businessmen, and the interests between commerce and nation. Afterwards, idea of commercial society was fully expounded in the times of classical economics, whose discussion is still of vital importance in the process of globalization.展开更多
基金funded by the National Social Sciences Fund (NSSF) project “Study on U.S. Mercantilist Tradition and New Forms of Mercantilism (Approval No. 17BJL021)”
文摘During its rise as a world power, the United States(U.S.) adopted a traditional form of mercantilism, and most US politicians followed a protectionist approach. From the end of the Civil War to the eve of World War I, the United States blazed a new trail of industrial development and implemented protective policies such as high tariffs. This historical tradition has had a profound influence on some current US politicians. After the collapse of the Bretton Woods system, the United States developed a new form of mercantilism, as manifested in the emergence of nontariff barriers instead of tariff barriers to restrict imports and protect domestic industries and employment. Although export regulations have avoided affecting the technology industry, they have led to hefty trade deficits for the United States. National interests have prevailed in U.S. decision-making and have influenced its choices to accede to or walk away from international organizations or treaties. The dollar's hegemony has played a pivotal role in U.S. economic policymaking. These factors have led to the twin deficits in the U.S. economy, i.e. a trade deficit and a fiscal deficit. The real intention of the United States in waging a trade war against China is to maintain and even strengthen the dollar's hegemony and the U.S.' international predominance.
文摘This paper concentrates on American exceptionalism.It is divided into five parts.Firstly,a brief introduction about the paper is given.Secondly,the definition of American exceptionalism and a general overview of it are given.Thirdly,the good side of American exceptionalism that makes the United States superior to other countries is clarified.Fourthly,the bad side of American exceptionalism is discussed.Finally,a concise conclusion of American exceptionalism is made.
文摘The idea of commercial society in Britain was derived from the swift development of the commercial trade home and abroad. In the early times, economic thinkers shared the same idea about the importance of commercial profit, market, status and effects of businessmen, and the interests between commerce and nation. Afterwards, idea of commercial society was fully expounded in the times of classical economics, whose discussion is still of vital importance in the process of globalization.
