The United States and Foreign Competition in Latin America / Sebastian Edwards.

By:

Edwards, Sebastian

Contributor(s):

National Bureau of Economic Research

Material type: Text

TextSeries: Working Paper Series (National Bureau of Economic Research) ; no. w2218.Publication details: Cambridge, Mass. National Bureau of Economic Research 1987.Description: 1 online resource: illustrations (black and white)Subject(s):

F - International Economics

Online resources:

Available additional physical forms:

Hardcopy version available to institutional subscribers

Abstract: This paper analyzes the evolution of the U.S. trade relations with Latin America, investigating the possible path that these relations will take in the future. The data analyzed show that during the last 15 years or so there has been no significant loss in the U.S. aggregate competitive position in Latin America. However, there has been a significant change in the composition of U.S. exports to the Latin American nations. The paper also deals with issues related to direct foreign investment in Latin America, comparing the importance of the U.S. and other nations. Finally, the role of international trade in the solution of the current Latin American debt crisis, and in the reassumption of sustained growth in the region is discussed.

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Item type	Home library	Collection	Call number	Status	Date due	Barcode	Item holds
Working Paper	Biblioteca Digital	Colección NBER	nber w2218 (Browse shelf(Opens below))	Not For Loan

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April 1987.

This paper analyzes the evolution of the U.S. trade relations with Latin America, investigating the possible path that these relations will take in the future. The data analyzed show that during the last 15 years or so there has been no significant loss in the U.S. aggregate competitive position in Latin America. However, there has been a significant change in the composition of U.S. exports to the Latin American nations. The paper also deals with issues related to direct foreign investment in Latin America, comparing the importance of the U.S. and other nations. Finally, the role of international trade in the solution of the current Latin American debt crisis, and in the reassumption of sustained growth in the region is discussed.