The United States as an Open Economy

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.

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 8 citations exist upstream.

Papers that cite the same references — the relational fallback while embeddings are still backfilling.