The United States : Japan Current Account Imbalance: A Review

Japan Current Account Imbalance: A Review

The United States : Japan Current Account Imbalance: A Review
This paper reviews the macroeconomic and microeconomic dimensions of the United States-Japan conflict over trade. From a macroeconomic perspective, there is nothing surprising about Japan's surpluses, given global trends in saving and investment. The current accounts of the United States and Japan have both responded to exchange rate changes in... READ MORE...

Publication date: March 1994
ISBN 9781451970708
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