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Once unquestionably the world's leading economic and industrial power, the United States now views with growing dismay … United States truly lagging in its ability to compete effectively in world markets? Concern over this question has been …, policymakers, and those in the business world …
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We analyze the impact of China's growth on the exports of other Asian countries. Our innovation is to distinguish the increase in China's demand for imports from its increased penetration of export markets. Using the gravity model, we disaggregate among commodity types and account for the...
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expanding world economy was dollar balances. The role of the United States was to act as banker to the world, borrowing short …
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