U.S. International Transactions 1962 [Millions of dollars] Balance on current account (lines 1, 18, and 35 or lines 73, 74, and 75)13 $ 3,387
====================== Current Account Balance Ranking by Country - 2006 Data source: 2006 CIA World Factbook
1 Japan $158,300,000,000 2 China $129,100,000,000 3 Germany $119,800,000,000 4 Russia $89,310,000,000 5 Saudi Arabia $87,100,000,000 6 Norway $51,500,000,000 [...] (see link for complete list)
143 Italy -$27,620,000,000 144 France -$30,110,000,000 145 United Kingdom -$38,400,000,000 146 Australia -$41,100,000,000 147 Spain -$64,620,000,000 148 United States -$829,100,000,000
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GM,F make cars for a 24 mpg requirement. Can't sell those any place in the world; not efficient enuf. What's made in Detroit won't pass Canadian standards. GM obviously sells cars in Canada. Why don't we get the same? 24 pg Chevys can't be sold in 32 mpg Aussieland. The largest market in the world? China, requires 35 mpg; won't be too many Suburbans headed from Detroit to China. And what's our solution? Tax credits for a 10 mpg Hummer. We are so wise.
Not even a net food exporter any more. But we do sell a lot of arms and movies. |