Assume the following merchandise trade transaction by American with foreign companies: Japanese carmakers export 1 million cars at $20,000 each, landed value in the United States to U.S. car dealers, US current account will increase by at $20,000 for each landed car.

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Chapter9: Reaching Global Markets
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Assume the following merchandise trade transaction by American with foreign companies: Japanese carmakers export 1 million cars at $20,000 each, landed value in the United States to U.S. car dealers, US current account will increase by at $20,000 for each landed car.

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