ABSTRACT
A descriptive analysis of import penetration into the United States (US) by the Newly Industrializing Countries (NIC), at different level of processing indicates that while the general imports of the United States have grown substantially, the NICs’ share of US imports has increased at a faster rate. The annual trends of import penetration display several interesting points. In terms of dollar values, the US general imports have increased consistently. Trade data and trends indicate that first, the NICs’ overall import penetration show a higher rate of growth than that of US imports as a whole. The Interdependence perspective assumes that the relations between states are fundamentally harmonious, not conflictual. Simply put, international trade is a positive-sum game; everyone gains, and no one needs to lose, from a proper ordering of trade relations. Interdependence theory emphasizes domestic economic causes of import penetration. The dependency hypotheses of trade relations share common ground with the interdependence hypotheses.
