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May/June 1992, 
Vol. 74, No. 3
Posted 1992-05-01

Foreign-Owned Companies in the U.S.: Malign or Benign?

Cletus C. Coughlin examines the factors potentially responsible for the sharp increase in this investment and the controversial economic effects of this investment. The rise in foreign direct investment in the United States reflects the relatively rapid development of technology abroad that is being transferred to the United States.