One of the important changes in the world economy over the past three decades has been the

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One of the important changes in the world economy over the past three decades has been the rapid increase in capital investment in the countries of the Pacific Basin (notably Japan and Korea). What are the implications of this investment for the commodity patterns of trade of these two countries, say, with respect to the United States? Explain carefully. 

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International Economics

ISBN: 9780321783868

9th Edition

Authors: Steven Husted , Michael Melvin

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