TY  - JOUR
AU  - Branson,William H.
TI  - Trends in U.S. International Trade and Investment since World War II
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 469
PY  - 1981
Y2  - March 1981
UR  - http://www.nber.org/papers/w0469
L1  - http://www.nber.org/papers/w0469.pdf
N1  - Author contact info:
William H. Branson
Economics Department
341 Wallace Hall
Princeton University
Princeton, NJ  08544-1013
Tel: 609/258-6918
Fax: 609/258-6419
E-Mail: N/A user is deceased
M1  - published as William H. Branson, Herbert Giersch, Peter G. Peterson. "Trends in United States International Trade and Investment since World War II," in Martin Feldstein, ed., "The American Economy in Transition" University of Chicago Press (1980)

AB  - This paper presents and analyzes the data on the trends in United States international trade and investment since World War II. From this data we can perceive a shrinking United States fraction of manufacturing output and exports, a return to and strengthening of lines of comparative advantage, and balanced and rapid growth in long-term investment. We can also see increasing volatility of trade and long-term investment in the 1970s, along with a real depreciation of 25 percent in the weighted United States exchange rate.
ER  -