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Investors Accused Of Everything From Abroad to Market
New York AP report surveys American firms investing abroad facing criticism for exporting jobs and aiding the European market. European leaders say American products will gain access and Britain will join the Common Market, while U.S. private investment abroad is seen as helping offset the trade deficit. Bank and Commerce Department analyses discuss capital outflows, trade effects, and the balance of payments impact with 1962 figures showing private long term investments abroad at 2.4 billion and other inflows offsetting losses.
MENTIONED IN THIS ARTICLE
New York
Treasury
France
Britain
European Economic Community
Walter Hallstein
Charles de Gaulle
Tis
U.S
First National City Bank of
U.S. Department of Commerce
New York Bank