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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Henry Volquardsen who wrote (562)	9/3/1998 2:25:00 PM
From: Sam	Read Replies (1) of 3536

A probably dumb question about how the trade deficit is computed: If I buy (in the USA) a Seagate drive made in Singapore, is that considered an import? Does it count against the trade deficit? Does the profit (if there is any, which there may not be these days for SEG) that is repatriated count somehow in the deficit? If I buy a Toyota made in CA, does that count against the trade deficit? Does whatever profit Toyota gets count as an export? How is this stuff measured anyway?

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