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US financial aid

Many believe that US financial and military support for Israel harms the interests of the US, especially in the Middle East and North Africa. One way to test this assumption is to explore whether US support for Israel has a negative effect on exports of the US to the countries of the region. It doesnโ€™t. US exports to the region have grown. Fluctuations within that overall growth trend are easily explained by oil prices, the chief source of income of many of the consumer states โ€“ not by Israelโ€™s โ€œoffensesโ€ against Hezbollah and Hamas.

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