Article: Policy response to countertrade and the U.S. trade deficit: an appraisal.

*Jong H. Park is a faculty member in the School of Business Administration, Kennesaw College, Marietta, GA, 30061. He is indebted to Michael Curley of Kennesaw College for making useful comments on the previous drafts of the paper. An earlier version of this paper was presented at the Second Annual Symposium of the Institute for International Economic Competitiveness held in Radford, VA, in April 1989.

At present, the United States has no clear and consistent policy stance on international countertrade, when addressing the problem of the trade deficit and export promotion. This paper evaluates the U. S. government attitudes toward countertrade and examines the ...

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