Analyzes Reagan's foreign economic policy, and presents reasons for the misinformation surrounding Reaganomics. Outlines the Reagan administration's economic goals, including a discussion of the U.S. trade deficit and attempts to remedy it. Addresses criticisms launched against Reagan's economic policy, and provides cross-country data on budget…

Explicates the mercantilist ideology of the Japanese elite and its impact on Japanese trade policy. Offers a textured portrait of the world view of a particular elite: Japan's technocrats. Reveals a nationalist ideology that is not advertised by its adherents, especially to foreign observers such as in the United States. (MJP)