Includes bibliographical references and index.

Pax Americana -- The treasury-bill standard versus the gold standard -- Third World problems -- Cold War strains resolve themselves in détente -- The events of 1973 -- U.S. trade strategy culminates in export embargoes -- The oil war transforms world diplomacy -- America's new financial strategy -- Closing the open door to world investment -- The ending of U.S. foreign aid -- America's steel quotas herald a new protectionism -- The ending of laissez faire -- Basic objectives -- World financial reform -- New aims of world trade -- Government regulation of international investment -- The future of war -- Some implications of the new international economic order -- The American response.