ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Question
1. Notice how U.S. imports rose at roughly the same rate as
those of other countries until the 1970s. What accounts for
the acceleration of U.S. imports thereafter?
2. China’s exports rose spectacularly after the 1990s. Germany
increased its exports in this period dramatically as well. What
evidence do you see here for increasing competition for the
United States in a globalizing economy?
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