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Keywords:Balance of trade 

Speech
The U.S. economic outlook

Remarks at the Washington and Lee University H. Parker Willis Lecture in Political Economics, Lexington, Virginia.
Speech , Paper 20

Conference Paper
Losing our marbles in the new century?: the great rebalancing in historical perspective

We focus on the two eras of globalization: ?then? (the period 1870 to 1913) and ?now? (the period since the 1970s). We look at the special position in the global macroeconomy of the hegemons in each era: Britain then, and the United States now. And adducing historical data to match what we know from the contemporary record, we proceed in the tradition of New Comparative Economic History to see what lessons the past might have for the present.
Conference Series ; [Proceedings] , Volume 51

Journal Article
Investigating U.S. government and trade deficits

Economic Review , Issue May , Pages 1-11

Report
Foreign direct investment in U.S. manufacturing: effects on the trade balance

Research Paper , Paper 9032

Journal Article
The trade balance effects of foreign direct investment in U.S. manufacturing

With the rise in foreign direct investment in U.S. manufacturing during the 1980s, the affiliates of foreign multinationals have become potentially important sources of improved U.S. international competitiveness. This article describes the growing foreign presence in the U.S. manufacturing sector and identifies the channels through which foreign investment is most likely to influence exports and imports. The author presents estimates of the long-term trade balance effects of increased foreign ownership of U.S. manufacturing firms.
Quarterly Review , Volume 16 , Issue Sum , Pages 63-76

Journal Article
The U.S. current account deficit: Is there trouble ahead?

Economics Update , Issue Jul , Pages 1-2

Journal Article
The evolution and implications of the U.S. current account deficit

The global economy has focused increasing attention on the U.S. current account deficit. Placing this economic measurement in perspective is central to understanding its potential effects.
EconSouth , Volume 7 , Issue Q1

Journal Article
Should we worry about the large U.S. current account deficit?

Is the large current account deficit a problem for the U.S.? Economic theory offers some scenarios in which a current account deficit is a rational response to economic conditions or a response that may even enhance economic welfare. At the same time, recent research suggests that under certain circumstances, a large current account deficit may make the U.S. economy vulnerable to severe disruptions. This Economic Letter explores some recent theories and some data to understand how the current account deficit could be either an optimal outcome or a threatening one.
FRBSF Economic Letter

Conference Paper
The revived Bretton Woods system: does it explain developments in non-China developing Asia?

Proceedings , Issue Feb

Conference Paper
International payments imbalances in Japan, Germany, and the United States

Conference Series ; [Proceedings] , Volume 32 , Pages 19-57

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Balance of trade 110 items

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