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Charles H. Sommer Chairman of the Board Monsanto Company John H. Stambaugh (ret.) Vice Chancellor Vanderbilt University
Leroy D. Stinebower (ret.) Director and Vice President Standard Oil Company (New Jersey) George A. Stinson President National Steel Corporation
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1. CHANGE AND INTERDEPENDENCE
The United States in an Interdependent World, prepared by
the Department of State .
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PART II: MAJOR ISSUES
2. TRADE, INVESTMENT, AND BALANCE-OF-PAYMENTS
POLICY
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21
31
The International Adjustment Process: An Outline, prepared
by the Staff of the Commission on International Trade and
Investment Policy
The United States Balance of Payments—A Look Ahead, by
Hendrik S. Houthakker.
The Balance of Payments of the United States and Other
Countries: An Equilibrium View, by Lawrence B. Krause .
Trade, Investment, and the Balance of Payments Adjustment
Process, by Robert Solomon .
Capital Restraint Programs, by Samuel Pizer.
Regulation of Foreign Direct Investment, prepared by the
Office of Foreign Direct Investment, Department of Comemrce
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71
87
113
3. GOVERNMENTAL RESPONSES TO COMPETITION
FROM IMPORTS, .
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141
The Current Case for Import Limitations, by Irving B. Kravis
Injury and Market Disruption from Imports, by Stanley D.
Metzger
Import Competition and Governmental Relief, by Eugene
Stewart .
167
193 289
303
319
343
367
383
The Import Problem of the American Steel Industry, by
George A. Stinson .
The Import Problem of the American Textile and Apparel
Industry, by Robert P. Lynn .
Adjustment Assistance, by Stanley D. Mtezger.
Trade Adjustment Assistance, by Marvin M. Fooks .
Adjustment Assistance for U.S. Firms, prepared by the Bureau
of Domestic Commerce, Department of Commerce.
Adjustment Assistance for Workers, prepared by the Depart-
ment of Labor . .
Antidumping Duties, prepared by the Department of the
Treasury
Countervailing Duties, prepared by the Department of the
Analysis of Alternative Protective Measures, by Harry H. Bell
Some Domestic Price Implications of U.S. Protective Measures,
by Harry H. Bell . .
International Price Competitiveness, prepared by the Bureau
of Labor Statistics.
Foreign Trade and Employment, prepared by the Bureau of
Labor Statistics
395
409
421
455
491
497
.
507
Productivity and Unit Labor Costs in Export and Import-
competing Industries, 1958–68, prepared by the Bureau of
Comparative International Labor Costs and Productivity, pre-
pared by the Bureau of Labor Statistics .
535
4. EXPORT EXPANSION ,
547
549
563
Export Expansion for the Seventies ... and Beyond, by Harold
B. Scott.
Export Expansion: Can the United States Improve its Trade
Balance? by Daniel L. Goldy
Export Tax Incentives, by John S. Nolan.
The DISC Proposal to Subsidize Exports, by Stanley Surrey.
The Nature and Purpose of Eximbank Operations, by Henry
Kearns
GATT Rules Concerning Export Aids, by John W. Evans . .
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