Ford Motor Company, Inc. and Toyota Motor Corporation analysis of the Japanese-American trade relationship using the gravity, Ricardian and Heckscher-Ohlin Models
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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
Contents
United States' current trade balance.
United States' growing trade imbalance.
America and Japan.
Reason for American growing trade imbalance with Japan.
Ford / Toyota US sales timeline.
The Gravity Model: Defined.
Barriers.
Cultural affinity.
Foreign Direct Investment (FDI).
Labor wage rates.
Heckscher-Ohlin model.
United States' current trade balance.
United States' growing trade imbalance.
America and Japan.
Reason for American growing trade imbalance with Japan.
