The international investment account of the United States has gone through several cycles. Before World War I, the U ….S. was a borrower most of the time and an international debtor. Between the two World Wars, it was first a lender and then a … refuge for foreign capital. After World War 11, the U.S. became the world's major lender and creditor and in the last few …

The share of U.S. multinational firms in world exports of manufactures has remained almost constant at about 17 per … cent for the last 20 years while that of the U.S. as a country has declined substantially. The composition of world … during the period than did the world as a whole, and the Asian NIC's exports moved still faster in this direction. With …

after the majority of the labor force had shifted out of agriculture. The shift out of agriculture was more rapid among the … transport cost increased the supply of U.S. agricultural products to Europe and further displaced European agriculture and … encouraged migration from Europe. The existence of the large world market, relatively open to the products of American …