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THE MATURING OF HOST COUNTRIES
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15 10 Multinational allied products Asia's Incentives average billion Brigham and Shome calculated Chemical and Allied cost of equity developing countries domestic E-Ps rose Dow Jones earnings economic Economist Quarterly electrical machinery equity capital expected explain export Fabricated Metal Products factors faster FIGURE food products foreign direct investment Foreign exchange remittance foreign investment Gordon model growth rates historical growth host countries hypothesis increase industry group inflation international business investors Ownership requirements Kohers London ment method multinational corporations Multinational Domestic 1965 multinational E-Ps multinational firms multinationals and domestics Nonelectrical machinery Nonferrous metals oligopoly percent period Petroleum refining Price Waterhouse price-earnings ratio profits prospects quarter rate of return Royalties and fees sample share prices Sobel standard error stock prices systematic risk tax holiday theory tion total risk Trend Line U.S. companies U.S. Direct Investment U.S. dollar U.S. domestic firms United Value Line Value Line Investment
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