It is widely believed that U.S. trade deficits have displaced workers from highly paid manufacturing jobs into less well-paid service employment, contributing to declining incomes for the nation as a whole. Although proponents of this view do not usually think of it this way, this analysis falls...

Huang Yiping: Price policy of grain in China. - S. 144-153. Wu Yanrui: Efficiency analysis of Chinese enterprises. A case study. - S. 154-164. Lin Shujuan: Shadow price of capital (Sk) in China. - S. 186-206

The papers of this volume were presented at an international conference on "The Political Economy of Trade Conflicts" in Tokyo in December 1993. The conference brought together practitioners with a long experience in trade negotiations, economists, and political scientists from Europe, Japan,...

The cartelized Japanese system and distribution appear to be incompatible with liberal practice and theory. That structu- re is represented by some modern economic models and it is demonstrated that the divergence between the economic system is responsible for international trade conflicts. The...