International Trade and Investment.

• Position: Program and Working Group Meetings

The NBER's Program on International Trade and Investment met in Palo Alto on December 2-3. Director Stephen Redding of Princeton University organized the meeting. These researchers' papers were presented and discussed:

* Robert Feenstra, University of California, Davis, and NBER; Mingzhi Xu, University of California, Davis; and Alexis Antoniades, Georgetown University, "What is the Price of Tea in China? Towards the Relative Cost of Living in Chinese and U.S. Cities"

* Treb Allen, Dartmouth College and NBER; Costas Arkolakis, Yale University and NBER; and Xiangliang Li, Yale University, "On the Existence and Uniqueness of Trade Equilibria"

* Sharon Traiberman, Cowles Foundation, "Occupations and Import Competition: Evidence from Danish Matched Employee-Employer Data"

* Farid Farrokhi, Purdue University, "Global Sourcing in Oil Markets"

* Anna Gumpert, University of Munich; Andreas Moxnes, University of Oslo and NBER; Natalia Ramondo, University of California, San Diego, and NBER; and Felix Tintelnot, University of Chicago and NBER, "Exporters'...