US Multinational Corporations Boost Domestic Firms Through Foreign Investments
The study looked at how American companies investing overseas can benefit their home country. They found that when U.S. multinational corporations do business with domestic firms, it can help those local companies grow. This positive impact depends on factors like whether the company exports goods, its size, and how well it can absorb new knowledge. This suggests that policies supporting American companies investing abroad could be beneficial for the U.S. economy.