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Assume the real U.S.GDP in 1997 was $7,269 billion and the U.S.population was 268 million,and the real U.S.GDP in 1998 was $7,552 billion and the U.S.population was 270 million.From 1997 to 1998,the per capita real GDP
Unfair-Competition Argument
A contention in international trade that certain practices give companies or countries an unjust advantage, such as labor exploitation or environmental bypassing.
Comparative Advantage
An economic theory that describes how countries gain from trade by specializing in goods they can produce more efficiently than others.
American Automobile Industry
A sector of the economy focused on the manufacturing, marketing, and sale of motor vehicles in the United States.
Korean Steel Industry
The sector involving the production and manufacturing of steel within South Korea, known for its significant contribution to the global market.
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