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The US manufacturing sector is currently experiencing its most significant upswing in 35 years, leading many politicians and economic analysts to claim that the US economy is being re-industrialised. While the notion of a renaissance of the industrial sector does not seem far-fetched, given that...
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and a shift in the focus of the expansion in world trade away from the EC and the USA. What factors determine the shares … of the EC, the USA and Japan in international trade? How dependent are these three economic powers on the world market …The growing importance of Japan on the world market has brought with it changes in the international division of labour …
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