Multinational companies and the growth of the U.S. trade deficit |
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| Authors: | F Steb Hippie |
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| Institution: | Professor of Economics and Director of the Bureau of Business and Economic Research , East Tennessee State University , |
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| Abstract: | This article examines the role of multinational companies (MNCs) in the growth of the U.S. trade deficit. Estimates of MNC-related trade are developed for 1977, 1982, and 1987. The data show that MNCs are associated with a significant share of U.S. trade and that the trading activities of multinational companies can be linked to significant trends in the U.S. trade balance. |
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