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Trading with the Enemy Act

This act was enacted in 1917 and limits trade between the United States and any country deemed a hostile enemy. In 2008, the U.S. officially has no trade with Cuba and North Korea.

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How the Fed Flubbed It

Author: Sebastian Mallaby
The Atlantic

CFR Senior Fellow Sebastian Mallaby reviews economic historian Barry Eichengreen's newest book Hall of Mirrors, which argues that history...