In 1960, the United States is facing balance of payments problems. Foreign exchange reserves were exhausted, American products lose competitiveness, and the dollar is under attack. This case examines the roots of this problem makes it possible to discuss the balance of payments accounting, and allows students to explore various options to balance of payments problems. "Hide
by David B. Yoffie, Jane Austen K. Source: Harvard Business School 17 pages. Publication Date: December 16, 1982. Prod. #: 383073-PDF-ENG