Year: 1986
Type: article
Abstract: The author examines the reasons, effects, and implications of art increasingly open U.S. economy. He notes that a major factor explaining increased foreign interaction is technological advances in communications and transportation. As lower transactions costs are realized, the volume of transactions correspondingly rises.
Author: Richard N. Cooper
Language: English
Topic: Global trade and economics
Domain: Social Sciences
Open Access status: gold
OpenAlex ID: W1862017344