Consider the following statement: Large countries such as the United States, in which a relatively small portion

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Consider the following statement: “Large countries such as the United States, in which a relatively small portion of GDP comes from international trade, are not likely to be affected by business cycles in other countries.” Briefly explain whether you agree with this statement.
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Macroeconomics

ISBN: 9780132109994

1st Edition

Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty

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