Book Description

Excerpt from Foreign Investment Study Act of 1974: Hearing Before the Subcommittee on Foreign Commerce and Tourism of the Committee on Commerce, United States Senate, Ninety-Fourth Congress, Second Session May 3, 1976 This unprecedented occurrence in turn stimulated public and politi cal alarm and resulted in the' introduction of bills designed to curb foreign investment in this country. Foreign investment in the United States is an old phenomenon. We owe the growth of several major industries to foreign capital. Foreign involvement here in some form has always been present even in those early postwar years when American capital appeared to dominate totally global investment, but it was the volume and suddenness of the increase which caught the public attention. As I studied the issues raised by this investment. It became clear that our most pressing need was for more information on this subject. The last benchmark study on direct investment was made in 1959 when such investment was a fraction Of the 1973 figure, and that study was limited in its scope. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.