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Why the Trade Deficit Does Not Matter
Authors:Alan C. Shapiro
Affiliation:Professor of Finance at USC's School of Business Administration. His book, Multinational Financial Management (Third Edition, Allyn and Bacon, 1989) has been adopted by many gradu- ate business schools as their standard international finance text. The focus of Dr. Shapiro's research is international capital budgeting, political and exchange risk management, global financing strategy, the evaluation of foreign operating performance, and the link between corporate strategy and corporate finance.
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