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Strategies & Market Trends : Ride the Tiger with CD

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To: koan who wrote (176511)	10/7/2009 2:34:23 AM
From: Cogito Ergo Sum	1 Recommendation of 312346

70% of Canada foreign trade is with the US.. 2008.. Australia is set up as so.. Source: Australian Bureau of Statistics (ABS) (2009), 5368.0.55.004 and personal communication On a Balance of Payments basis, which takes into account trade in goods and services, foreign investment income and transfer payments, economic activity between the EU and Australia is estimated to have exceeded $A126 billion in 2008, or 18% of all Australian overseas transactions. This figure, when compared with Australia's other major economic partners (the ASEAN economies 14%, United States 13%, Japan 12% and China 11%) shows that the EU remains Australia's largest economic partner by a significant margin. A little better diversified to me :O) EU largest is still only 18% of total .. and in goods only look at the breakdown.. nice balance between other, China and ASEAN countries.. Aussies do not have all their eggs in one basket to be sure.. Canada ... after huge China expansion LOL .. 6% of our trade.. US ? 70%.. not too well diversified.. IMVHO... see here.. www41.statcan.ca BTW a lot of our increased trade with China is importing Walmart style due to strong loonie.. Now where have I heard that story before ;O) TBS EDIT: and politically we may soon be set to pi$$ off China ... again..

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