Ford Motor Company, Inc. and Toyota Motor Corporation analysis of the Japanese-American trade relationship using the gravity, Ricardian and Heckscher-Ohlin Models

Abstract

Why is the trade balance debate important?
Technology has minimized trade barriers
World economies more integrated International exchange vital to industries such as agriculture and auto manufacturing.
Drives many economic and political policies i.e., taxes, tariffs, interest rates
Blamed for loss of manufacturing jobs