Strategic firm responses to antidumping laws when firms face exchange rate uncertainty are investigated in both theoretical and empirical contexts. In Chapter I, the relationship between exchange rate changes and dumping is analyzed, as well as the effect of the imposition of a binding...

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...

In this paper, the SME financial sectors of Brazil, Mexico and Chile are studied in order to understand some of the obstacles to Small and Medium Enterprise (SME) financing in Latin America and to offer solutions on how the Inter-American Bank’s Multilateral Investment Fund can encourage...

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...

Factors motivating the decision to file an antidumping petition are analyzed with data from 1976-88 for the U.S. chemical industry. The incidence of antidumping filings is related to disaggregate levels of, and changes in, macroeconomic variables in a count model framework. Import penetration,...

How did Russia's “shock therapy” in 1992 affect the relationship between the official and black market exchange rates? We utilize weekly exchange rate data to gauge the impact on the parallel market premium of the schizophrenic reform efforts adopted in the first year of the transition...