U.S. Strategic Trade Policy and the Competitiveness of the U.S. Construction Industry in Developing Country Markets

U.S. government trade policy increasingly reflects "strategic trade" beliefs that, because competition in markets is imperfect, governments can act strategically to affect trade flows and enhance national welfare. The U.S. National Export Strategy targets the infrastructure sector in twelv...

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Bibliographic Details
Published inJournal of transnational management development Vol. 3; no. 3-4; pp. 253 - 276
Main Author Egan, M. L.
Format Journal Article
LanguageEnglish
Published Taylor & Francis Group 01.08.1998
Subjects
Export marketing-United States
Foreign trade promotion-United States
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Summary:U.S. government trade policy increasingly reflects "strategic trade" beliefs that, because competition in markets is imperfect, governments can act strategically to affect trade flows and enhance national welfare. The U.S. National Export Strategy targets the infrastructure sector in twelve developing countries as a strategic opportunity for U.S. construction firms. This paper examines whether U.S. government export promotion initiatives effectively implement strategic trade policy by providing appropriate support to these firms in that target market. It concludes that, within limits, they do.
ISSN:1068-6061
1528-7009
DOI:10.1300/J130v03n03_07