Economic assumptions used in assessing prospective economic adjustment of Latin America in response to its debt problems are explored. The analysis compares forecasts obtained by combining parameter estimates from different researchers' trade models with the authors' macroeconomic models for...

Only recently has Japan become the world's largest investor. Yet stories of investors taking their money home already have developed. Are Japanese investors taking their money home? Would it matter? To answer these questions, one must examine the economic, regulatory, and political motivations...

Exchange rate movements exert tremendous impact on the domestic and external economic activities of open economies. This paper deals specifically on how the international trade is affected by fluctuations in the exchange rates of key currencies.