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Recent economic literature investigates both the consequences of political violence and the mechanisms that transform this violence into economic damage.
The economy of the country will drop rapidly. An example of the September 11 attack had significant economic repercussions for the United States and world markets. The New York Stock Exchange, the American Stock Exchange and NASDAQ did not open on September 11 and remained closed until September 17. New York Stock Exchange (“NYSE”) facilities and remote data processing sites were not damaged by the attack, but member firms, customers and markets were unable to communicate due to major damage to the telephone exchange facility near the World Trade Center...
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