TY  - JOUR
AU  - Edwards,Sebastian
TI  - The United States and Foreign Competition in Latin America
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 2218
PY  - 1989
Y2  - March 1989
UR  - http://www.nber.org/papers/w2218
L1  - http://www.nber.org/papers/w2218.pdf
N1  - Author contact info:
Sebastian Edwards
UCLA Anderson Graduate School of Business
110 Westwood Plaza, Suite C508
Box 951481
Los Angeles, CA 90095-1481
Tel: 310/206-6797
Fax: 310/206-5825
E-Mail: sebastian.edwards@anderson.ucla.edu
M1  - published as Sebastian Edwards, Thomas O. Enders, Jesus Silva-Herzog. "The United States and Foreign Competition in Latin America," in Martin Feldstein, editor, "The United States in the World Economy" University of Chicago Press (1988)

AB  - 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.
ER  -