Exchange Rates and "Unfair Trade"
分析美国公司反倾销和补贴投诉的国别模式变化，发现汇率波动是影响投诉立案的重要因素，尤其针对日本公司。美元实际对外价值与投诉数量呈反向关系，提醒人们“不公平贸易”的普遍性并非独立于宏观经济因素。
An examination of the changing country pattern of dumping and subsidy complaints by U.S. companies over time suggests that exchange rate fluctuations are a significant factor in determining case filings, especially against Japanese companies. The inverse relationship observed between filings and the real external value of the U.S. dollar is consistent both with the traditional (or technical) interpretation of dumping and subsidy cases, and with the view that they are promoted by rent-seeking activities of lawyers and economists representing petitioners. While this result says nothing about the merits of any particular case, it cautions that the prevalence of unfair trade is not exogenous with respect to broader macroeconomic considerations. Copyright 1989 by MIT Press.