"Government Policy and the Decline in U.S. Trade Competitiveness" by Sven W. Arndt
 

Document Type

Book Chapter

Department

Economics (CMC)

Publication Date

1986

Abstract

This chapter examines recent developments in the U.S. competitive position from both economywide and sector-specific perspectives. At the former level, competitiveness may be measured by comparing the average of domestic prices or costs with those abroad, after allowing for changes in exchange rates; while at the disaggregated level, the price and cost comparisons are carried out with respect to sectors, industries, and products.

Comments

Originally published in Contemporary Economic Problems: The Merit of the Reagan.

Rights Information

© 1986 American Enterprise Institute

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