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This collection examines key issues in trade and investment patterns in the Asia-Pacific region, with a particular focus on Japan and its evolving role. Contributors look at other central issues including: European investment strategy, the nature of regionalism in world trade, Japan-NIE interdependence, the NIE's regional pattern of investment and trade, United States direct investment in Japan, US-Japan competitiveness, and the role of small and medium sized enterprises in international trade. Presenting the latest thinking through a variety of perspectives, this volume aims to stimulate further debate in this important area.