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Japanese U.S. Auto Transplant Production: An Analysis Of The Roles Of Vers And The Exchange Rate, Michael Cornstubble
Japanese U.S. Auto Transplant Production: An Analysis Of The Roles Of Vers And The Exchange Rate, Michael Cornstubble
University Avenue Undergraduate Journal of Economics
Since their introduction in 1982, Japanese auto transplants in the U.S. have skyrocketed in production, now producing many more cars than are imported. This study incorporates new refinements and revisions to attempt to identify the main factors that are responsible for the introduction of Japanese auto transplants and their massive growth in production over the last 14 years. The author develops two hypotheses for theoretical analysis of the factors contributing to production decisions. The first is that the voluntary export restraints (VERs) imposed on the Japanese from 1981-1985 are responsible for bringing the transplants to the U.S. and for creating …
Winning The Marathon: A Reconsideration Of The Development Effects Of Neo-Classical Trade Practices, Peter Weylie, Jean-Pierre Guevremont
Winning The Marathon: A Reconsideration Of The Development Effects Of Neo-Classical Trade Practices, Peter Weylie, Jean-Pierre Guevremont
University Avenue Undergraduate Journal of Economics
This paper focuses on the trading policies of developed nations, specifically import quotas, and their positive and negative effects on developing countries. We hope to show that the case is not as polar as was once believed and instead focus on how the current literature suggests that the real effects of free-trade are shrouded in nuance and circumstance. Our starting point will be an analysis of the fashionable neo-liberal trade theory and its impact on development, making special reference to the Multi-Fibre Agreement (MFA). We will then turn our attention to the shortcomings of the neo-liberal approach, and provide a …