In this paper, the authors provide empirical evidence of the effects of the U.S. antidumping law using monthly product-specific macroeconomic data from the U.S. chemical industry over the 1976-88 period. They analyze import responses, highlighting the differences between allegedly dumped and...

The authors examine the implications of exchange rate swings in interntional markets, paying particular attention to the importance of firm flexibility. They use the term flexibility to refer to the ease with which firms can respond to exchange rate swings. There are two kinds of flexibility...