U.S. International Competitiveness: Evolution or Revolution?

Synopsis

U.S. International Competitiveness challenges the common assertions concerning causes of America's growing trade deficit. The authors' unique empirical analysis of industry specific trade flows using numerous explanatory variables provides a vigorous test of the view that deficit growth is primarily due to unfair foreign trade practices, overzealous antitrust laws, slack U.S. management, and other microeconomic factors.