Trends in U.S. International Trade and Investment since World War II
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.
Published Versions
Branson, William H. "Trends in U.S. International Trade and Investment since World War II." The American Economy in Transition, edited by Chicago: University of Chicago Press, 1980.
Trends in United States International Trade and Investment since World War II, William H. Branson, Herbert Giersch, Peter G. Peterson. in The American Economy in Transition, Feldstein. 1980
Related
More from NBER
In addition to working papers, the NBER disseminates affiliates’ latest findings through a range of free periodicals — the NBER Reporter, the NBER Digest, the Bulletin on Retirement and Disability, the Bulletin on Health, and the Bulletin on Entrepreneurship — as well as online conference reports, video lectures, and interviews.
