The purpose of this paper is to examine the validity of this
argument by analyzing the pattern of trade among the
U.S.,Japan, and the EANICs and Japan`s FDI. Section Ⅱand Ⅲ
are devoted to an analysis of changes in respective structures of
trade of the U.S.,Japan, and a discussion of Japan`s FDI in Asia
and the possibilities of regional integration through product cycle
development in section Ⅳand Ⅴ. Concluding remarks are found
in the final section.