International Trade & FDI: A Focus on FTAA. Mary A. Marchant (U. of KY) Tigran A. Manukyan (U. of KY) Won Koo (No. Dakota State U.). Overview. Recent Trends in Trade & FDI Research Objectives Theoretical Model Empirical Results . Recent Trends in Trade & FDI.
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International Trade & FDI: A Focus on FTAA
Mary A. Marchant (U. of KY)
Tigran A. Manukyan (U. of KY)
Won Koo (No. Dakota State U.)
Exports fell sharply during the financial
crisis of the 1980s, recovering late in the
decade as interest rates fell. They fell again
late in the 1990s as the “Asian Flu” gripped
many client nations.
Bulk commodity exports dominated agricultural exports
until recent years when value added sales began to increase.
Figure 4. U.S. Foreign Affiliate Sales (FDI Sales) and Exports of Processed Food Products
Processed foods, SIC-20
FDI was influenced by
Exports were influenced by