If U.S. productivity growth does not keep up with that of its trading partners, the United States

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“If U.S. productivity growth does not keep up with that of its trading partners, the United States will quickly lose its international competitiveness and not be able to export any products, and its standard of living will fall.” Critically evaluate this statement in light of what you have learned in this chapter.
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International Economics

ISBN: 9780078021671

8th Edition

Authors: Dennis Appleyard, Alfred Field

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