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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?

To: Wally Mastroly who wrote (364)7/19/2000 1:06:02 PM
From: MrGreenJeans  Respond to of 10065
 
Trade Deficits

Lowers the GDP because goods are produced overseas and lowers inflation because presumably imports are bought at lower prices than they can be had for domestically.



To: Wally Mastroly who wrote (364)7/19/2000 2:01:36 PM
From: Investor2  Read Replies (1) | Respond to of 10065
 
RE: "Imports of crude oil were unchanged at $7.04 billion. The average price fell to $24.16 a barrel while the volume rose to 297 million barrels, the highest in nearly two years."

I thought the price of oil is higher than that??????

Best wishes,

I2


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