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Business
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| Number of pages / Number of words: |
5 / 1224 |
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United States has a strong export position in higher education. In 2005-06, U.S. institutions of higher learning trained nearly 600,000 foreign students, of whom about half were studying for graduate and professional degrees (Embracing the Challenge of Free Trade: , 2007). Foreign students educated in the United States bolster foreign resources in a highly educated work force...
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Foreign students educated in the United States bolster foreign resources in a highly educated work force. Enormity of available scientists and engineers
Outsourcing Jobs 5
in foreign countries lead to advanced innovations in those countries. “In recent models of endogenous growth, innovations lead to new products and processes that are to some extent protected by patents and other institutional mechanisms that return profit to the innovator and bolster the incentive to invest†(Global Economic Prospects 2007, Chapter 4 p...
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Discuss the advantages and disadvantages, to the participating countries and the rest of the world, of forming a free trade arrangement. China, Japan and Korea are now undertaking preliminary research into the formation of a free trade area. Withi...
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