POLI 354 Chapter 17: Power Money and Trade - Chapter 17
18 Feb 2012
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The trade regime after world war i y just as monetary relations were upset by ww1, so too were trade patterns; countries implemented more protectionist trade policies. us had the interest for liberalized trade but did not want to bear the costs of setting up an international trade regime and being the first to do so by opening up its markets first to international competition. us tried to act irresponsibly so that britain (who was declining in hegemony) would step in and take the burden of setting up a free trade regime. it encouraged both industry and agriculture to organize into large bodies in order to simplify the bureaucratic tasks of placing large contracts for goods and services. thus voiced. as a result, in the 1920s, there were numerous interest groups that knew how to deal with the government and their views on.
