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In recent years, U

Economics

In recent years, U.S. firms have become very concerned about the ivreasing production of "pirated" and "counterfeit" goods abroad, especialy in Asia. Successful U.S. export products are copied by foreign producers witout payment of royalties and/or adherence to patent or copyright protection. How might this phrnomenum affect the product cicle amd new product research and development in thr Unitrd States?

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