The contributors to this book, from the US and Japan, explore the main issues involved in the international trade, foreign direct investment and macro/financial relations of the US and Japan and provide guidance to policymakers for measures to help overcome Japan's economic stagnation since the early 1990s. It is divided into three parts. Part I contains an empirical analysis of trade diversion under the North American Free Trade Agreement (NAFTA), a theoretical analysis of time in determining the structure and effects of trade with an application to Japan, and an empirical analysis of...
The contributors to this book, from the US and Japan, explore the main issues involved in the international trade, foreign direct investment and macro...
This collection of original essays focuses on issues of international trade and trade policy in a world that is undergoing structural adaptation and in the face of a serious increase in the US trade deficit. They bring a new consolidation of analytical perspective to a wide variety of current trade policy issues.In their overview chapter, Alan V. Deardorff and Robert M. Stern discuss developments in trade and protectionism, review the case for free trade and address the arguments in favor of trade intervention. Rudiger Dornbusch and Jeffrey Frankel analyze the macroeconomic setting in...
This collection of original essays focuses on issues of international trade and trade policy in a world that is undergoing structural adaptation an...