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of the EC, the USA and Japan in international trade? How dependent are these three economic powers on the world market …The growing importance of Japan on the world market has brought with it changes in the international division of labour … and a shift in the focus of the expansion in world trade away from the EC and the USA. What factors determine the shares …
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This paper answers fundamental questions that have preoccupied modern economic thought since the 18th century. What is the aggregate real rate of return in the economy? Is it higher than the growth rate of the economy and, if so, by how much? Is there a tendency for returns to fall in the...
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During the 1950s and early 1960s the trading interests of the US and the EC generally coincided, with the result that tariff negotiations could be held successfully. Since that time the interests of the US and the EC have diverged somewhat, and pressures for increased protection have arisen.
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. The ultimate success of the negotiations largely depends on the attitudes of the USA, the EC and Japan. What are the main …
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