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Since the early 1980s, foreign portfolio investors have purchased a significant portion of U.S. Treasury bonds issues. Discuss the short-term and long-term effects of foreigners'

Since the early 1980s, foreign portfolio investors have purchased a significant portion of U.S. Treasury bonds issues. Discuss the short-term and long-term effects of foreigners' portfolio investment on the U.S. balance of payments.

In addition to your etext, please use outside sources to discuss.

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