Trends in U.S. International Trade and Investment since World War II

William Branson

No 469, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This paper presents and analyzes the data on the trends in United States international trade and investment since World War II. From this data we can perceive a shrinking United States fraction of manufacturing output and exports, a return to and strengthening of lines of comparative advantage, and balanced and rapid growth in long-term investment. We can also see increasing volatility of trade and long-term investment in the 1970s, along with a real depreciation of 25 percent in the weighted United States exchange rate.

Date: 1980-04
Note: ITI IFM
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Published as Branson, William H. "Trends in U.S. International Trade and Investment since World War II." The American Economy in Transition, edited by Chicago: University of Chicago Press, 1980.
Published as Trends in United States International Trade and Investment since World War II , William H. Branson, Herbert Giersch, Peter G. Peterson. in The American Economy in Transition , Feldstein. 1980

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