Is Strict Reciprocity Required for Fair Trade?
Authors: Daniel C.K. Chow & Ian Sheldon PDF: Is Strict Reciprocity Required for Fair Trade? Abstract The administration of Donald J. Trump has repeatedly claimed that reciprocity is required for “fair” trade. While this concept is not new in US political discourse, the Trump administration’s insistence that strict or absolute reciprocity is required goes beyond any claims made by previous US administrations. By strict reciprocity, the United States means that all trade volume