Abstract
This study seeks to resolve the free vs. managed trade debate. It provides innovative recommendations for US policy based on detailed and rigorous case studies of high-technology conflicts between the United States, Japan and Europe in aircraft, telecommunications, electronics and supercomputers.The study addresses three key issues: What policy should the United States adopt to support its high-technology industries? What domestic policy initiatives are necessary to realize this goal? Are new international rules needed to reduce conflicts over high-technology industries? Tyson, formerly Chair of the President's Council of Economic Advisers, develops a cautious activist policy agenda to promote US competitiveness in high-technology sectors and to strengthen international rules to encourage and reduce conflicts among nations.
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