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Essentials of Economics 7th Edition by Gregory Mankiw
Edition 7ISBN: 978-1285165950Essentials of Economics 7th Edition by Gregory Mankiw
Edition 7ISBN: 978-1285165950 Exercise 21
In the 1990s and the first decade of the 2000s, investors from the Asian economies of Japan and China made significant direct and portfolio investments in the United States. At the time, many Americans were unhappy that this investment was occurring.
a. In what way was it better for the United States to receive this foreign investment than not to receive it?
b. In what way would it have been better still for Americans to have made this investment?
a. In what way was it better for the United States to receive this foreign investment than not to receive it?
b. In what way would it have been better still for Americans to have made this investment?
Explanation
Verified
Verified
Capital inflow to America:
a.
Foreign ...
Essentials of Economics 7th Edition by Gregory Mankiw
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