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The last Clinton defense budget included funds for yet more nuclear-attack submarines, for which there is no conceivable use or contingency. There are also other potentially negative effects of FDI for the host economy Transfer pricing is only one of the possible negative effects of FDI, especially when it comes to FDI developing into countries. He had wanted to cut off the flow of funds, but up until now had been persuaded by Chammah to keep wiring the balances.
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Wendy had been a great source of strength for me, bucking me up through the long string of crises, but the lengthy workdays and nonstop stress had robbed us of any quality together time. By providing loans of longer maturities and/or lower interest rates than are offered by the private-sector banks, the World Bank enabled its client countries to invest more aggressively otherwise than possible. The capital account is divided into
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