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1. Americans are particularly averse to investing abroad. Why? 2. Why is trade dollarization problematic for many developing nations? 3. Explain the J Curve. Look

1. Americans are particularly averse to investing abroad. Why?

2. Why is trade dollarization problematic for many developing nations?

3. Explain the J Curve. Look at the recent balance of payments stats for the U.S. Are the U.S. trade this year proof or contradiction of the J curve?

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