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Guns, butter and openness: on the relationship between security and trade

Article Abstract:

Foreign trade can settle international disputes to some extent, but it cannot always stop war from breaking out. Trade relations also do not stop countries from arming themselves defensively.

Author: Syropoulos, Constantinos, Skaperdas, Stergios
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2001
War, War economy, Pacific settlement of international disputes, Peace negotiations, Defense spending

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A reexamination of exchange-rate exposure

Article Abstract:

Companies that trade internationally and multinational corporations based in Japan, the United Kingdom, Chile, the Netherlands, France, Thailand, Italy and Germany were examined to see how much they were affected by foreign currency fluctuations. The data, taken from 1980-1999, shows heavy exposure to exchange-rate fluctuations, more that the researchers expected.

Author: Dominguez, Kathryn M.E., Tesar, Linda
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2001
Multinational Corporations, International business enterprises, Foreign exchange

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Subjects list: Research, Economic aspects, Economics, Econometrics, International trade
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