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Re: Re: Question about "dutch disease"

On Sunday, February 24, 2002 at 20:40:53 (-0800) Eugene Coyle writes:
>Why wouldn't the cheaper natural resource, as an input to the productive
>process, lower the cost of manufactured goods and make them MORE
>competitive with other nations?

Exactly my question.  As I understand it, the US has benefited very
much from having cheap natural resources, which it has (had?) used
primarily to fuel its industrialization.


Bill
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