Table of Contents

Differentiated products, economies of scale, and access to the Japanese market / Gary R. Saxonhouse. Comment / Laura D'Andrea Tyson. Comment / Harry P. Bowen.
Export prices and exchange rates : an industry approach / Lawrence Schembri. Comment / Alberto Giovannini. Comment / Catherine J. Morrison.
U.S.-Canada bilateral tariff elimination : the role of product differentiation and market structure / Drusilla K. Brown and Robert M. Stern. Comment / Robert W. Staiger. Comment / John Whalley. Introduction / Robert C. Feenstra.
Savings promotion, investment promotion, and international competitiveness / Lawrence H. Goulder and Barry Eichengreen. Comment / David W. Roland-Holst. Comment / Wing Thye Woo.
The determinants of foreign direct investment in the United States, 1979-85 / Edward John Ray. Comment / Keith E. Maskus. Comment / James Levinsohn.
Can interindustry wage differentials justify strategic trade policy? / Lawrence F. Katz and Lawrence H. Summers. Comment / Kenneth A. Froot. Comment / Raquel Fernandez.
Dynamic duopoly with output adjustment costs in international markets : taking the conjecture out of conjectural variations / Robert Driskill and Stephen McCafferty. Comment / Elias Dinopoulos. Comment / Ronald D. Fischer. Once unquestionably the world's leading economic and industrial power, the United States now views with growing dismay the impressive industrial efficiency, vigorous work ethics, and large American holdings of various other nations. Is the United States truly lagging in its ability to compete effectively in world markets? Concern over this question has been voiced in both the business and government sectors, as well as by academic economists. A recent conference, sponsored by the National Bureau of Economic Research, explored the effects of trade policies on a nation's ability to compete in in.