In the 1990s and the first decade of the 2000s, investors from the Asian economies of Japan

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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?

Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...
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Principles of economics

ISBN: 978-0538453042

6th Edition

Authors: N. Gregory Mankiw

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