At a time when public discussion of trade policy is often clouded by rhetoric and misinformation, this book offers an accurate and balanced chronicle of the complexities of trade politics, featuring a detailed case study of the Omnibus Trade Act of 1988. This trade law was a milestone in U.S. trade policy, setting the stage for both NAFTA and the Uruguay Round of GATT. In "Trade-Offs", Schwab offers a dramatic insider"s account of the events, individuals, and policy decisions leading to enactment of this law, with key insights into how U.S. trade policy is made.