When goods, services, and capital flow freely across U.S. borders, Americans can take full advantage of the opportunities of the international marketplace. They can buy the best or least expensive goods and services the world has to offer; they can sell to the most promising markets; they can choose among the best investment opportunities; and they can tap into the worldwide pool of capital. Study after study has shown that countries that are more open to the global economy grow faster and achieve higher incomes than those that are relatively closed.

More on Globalization

Commentary

The World Has Changed. Why Haven’t Our Trade Deals?

By Simon Lester. Washington Post. September 14, 2016.

Do Other Countries’ Trade Policies Hurt the United States?

By Daniel R. Pearson. Huffington Post. September 13, 2016.

41 Straight Years of Trade Deficits yet America Still Stands Strong

By Daniel J. Ikenson. Forbes.com. August 24, 2016.

Cato Studies

Global Steel Overcapacity: Trade Remedy “Cure” Is Worse than the “Disease”

By Daniel R. Pearson. Free Trade Bulletin No. 66. April 11, 2016.

Misperceiving Inequality

By Vladimir Gimpelson and Daniel Treisman. Research Briefs in Economic Policy No. 32. August 12, 2015.

Retail Globalization and Household Welfare: Evidence from Mexico

By David Atkin, Benjamin Faber, and Marco Gonzalez-Navarro. Research Briefs in Economic Policy No. 30. July 15, 2015.

Articles

Six Degrees of Integration: How Closely Will the TTIP Integrate the Transatlantic Market?

Simon Lester. European Yearbook of International Economic Law. Vol. 7. July 17, 2016.

GDP and its Enemies: the Questionable Search for a Happiness Index

Johan Norberg. Centre for European Studies: Policy Brief. September 2010.

The Debt Threat: A Risk to U.S.-China Relations?

James A. Dorn. Brown Journal of World Affairs. Vol. 14. No. 2. 2008.

Public Filings

Made in America: Increasing Jobs through Exports and Trade

By Daniel J. Ikenson. Testimony. March 16, 2011.

Opening the World of Export Opportunity to U.S. Small Businesses

By Daniel Griswold. Testimony. June 19, 2008.

The Large Stake of U.S. Small Business in an Expanding Global Economy

By Daniel Griswold. Testimony. June 13, 2007.

Cato Reviews & Journals

Trade on Trial, Again

Daniel J. Ikenson. Policy Report. May/June 2016.

Defending Sweatshops

Pierre Lemieux. Regulation. Summer 2015.

Really Opening Up the American Skies

Kenneth J. Button. Regulation. Spring 2014.

Events

Policy Perspectives of the Presidential Candidates: Trade

Featuring Daniel J. Ikenson and Caleb O. Brown. July 15, 2016. Sponsor E-Briefing.

Don’t Worry, Be Happy: The Cato Institute’s HumanProgress Project

Featuring Marian L. Tupy and Chelsea Follett. June 1, 2016. Capitol Hill Briefing.

The Trans-Pacific Partnership: The Uncertain Path from Agreement to Ratification to Implementation

Featuring Daniel J. Ikenson and Simon Lester. October 28, 2015. Capitol Hill Briefing.

Speeches

Downsizing the Federal Government

Ending the Import-Export Bank

By Sallie James. October 2012.