In This Review

Rivals Beyond Trade: America Versus Japan In Global Competition
Rivals Beyond Trade: America Versus Japan In Global Competition
By Dennis J. Encarnation
Cornell University Press, 1992, 222 pp

Arguing that ownership and control of enterprises abroad increasingly shape patterns of international trade, Encarnation of the Harvard Business School finds the big imbalance in U.S.-Japanese trade to lie in the strategic investment policies and practices of the two countries. His book, which is interesting, often controversial and sometimes built on fairly familiar points, will give analysts some new themes to pursue.