There has always been a certain level of competitiveness among the States.

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No one raised questions about the current level of Microsoft's own competitiveness--or its bruising battle with Internet king Google.

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No one raised questions about the current level of Microsoft's own competitiveness--or its bruising battle with Internet king Google (nasdaq: GOOG - news - people ).

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The spurt in productivity growth in America has pushed up share prices in anticipation of future productivity gains, and also improved the competitiveness of American goods, thus increasing the dollar's long-term equilibrium level.

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