ABSTRACT

According to a study of royalty contracts the United States supplies about 42 percent of Argentina's technology. Argentina is likely to submit to the United States in bilateral dealings but to pressure it for more fundamental changes in multilateral settings. Since the end of the first Peronist era in the 1950s the fluctuations of its economic cycle have forced Argentina into debt, particularly to the United States and to agencies such as the International Monetary Fund in which US voting power is decisive. Trade, investment, the transfer of technology, and the external debt problem form a package of interrelated issues in Argentina's relations with the United States. US weapons continue to occupy a large place in armed forces' inventories, with consequent continuing needs for spare parts, training and service. Argentina has also pressured the US to lower its tariffs on manufactured products.