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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: see clearly now who wrote (8575)	5/22/1999 7:40:00 PM
From: Stitch	Read Replies (1) \| Respond to of 9980

arnold, <<Please excuse me for dropping in on this superb thread. I have often wondered if there is a list of all the categories that are included in the trade deficit>> This thread would benefit from your participation as would any you cared to comment on IMO. I do not have all of the answer to your question but I do recall reading that repatriated profits are specifically not included in deficit figures. I can also safely venture a guess that shareholder returns on those companies that operate in foreign locations are excluded as well. Just a couple of the many oversights in that odd science called economics. <G> For someone a bit more industrious then I the following contacts might yield an answer For further information on goods, contact Richard M. Preuss, Foreign Trade Division, Bureau of the Census, on (301) 457-2311; on services, contact Christopher Bach, Bureau of Economic Analysis, on (202) 606-9545. A bit difficult for me considering my location. Best, Gary Davis

To: see clearly now who wrote (8575)	5/23/1999 4:45:00 AM
From: nihil	Read Replies (1) \| Respond to of 9980

Why not check out some of the articles in the Survey of Current Business bea.doc.gov

To: see clearly now who wrote (8575)	5/24/1999 7:27:00 AM
From: Liatris Spicata	Read Replies (1) \| Respond to of 9980

Arnold- Trade Deficit- I'm middling certain that the trade deficit number refers to merchandise- you know, stuff a customs agent can put his hands on. This is a throwback to the days of yore when that's all that was really traded. As such, it does not even include what are broadly referred to as services (financial services are something the US offers the rest of the world in a big way). But it's hard to measure such things, or at least the mechanisms to do so have not been put in place. So next time your favorite politician starts bashing the Japs for their "huge trade imbalance" with the US, perhaps you should take him down a notch in your estimation. Reflecting on life's deep mysteries and Vanessa Mae, it is positively unfair that the fickle fortune of Fate bestows both beauty and talent to such a remarkable degree on some, while others of us ... Larry P.S. To Paul Berliner: Thanks for posting that bit about Miss Choi's arrest. I was aware of the Korean ban on private lessons, but somehow I had imagined it did not apply to musicians. It beautifully illustrates how even relatively benign governments stand in the way of the most innocuous of human exchanges. I would encourage Americans on this thread to write to the Korean ambassador to the US voicing their disapproval about her arrest, and I will provide the address if anyone requests it. Remember, Miss Choi lost her job over this idiocy. P.P.S. Tip of the hat to MikeM who beat me to this point. Because he did not respond to your original message, I missed it when I reviewed the responses to your post.