tag:blogger.com,1999:blog-386077914312449748.post2181013829061608067..comments2024-03-27T20:37:08.065+01:00Comments on Defence and Freedom: Public debt and final spurt arms racesUnknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-386077914312449748.post-49146259539554086092013-06-10T16:52:03.850+02:002013-06-10T16:52:03.850+02:00"Trade balance" applies to goods and ser..."Trade balance" applies to goods and services - the statistics include both.<br />http://www.bea.gov/newsreleases/international/trade/trad_time_series.xls<br /><br />Capital gains transfers and foreign worker income transfer home are tricky factors, though.S Ohttps://www.blogger.com/profile/03359796414832859686noreply@blogger.comtag:blogger.com,1999:blog-386077914312449748.post-9050769820168775052013-06-10T16:20:58.766+02:002013-06-10T16:20:58.766+02:00Trade balance deficit is often repeated, but do we...Trade balance deficit is often repeated, but do we know the real trade balance through services?<br />I'm not sure the often quoted trade deficit of the USA "exists" (as usually presented). It can be rather a product of old fashioned measurements on transfers of "goods" that has a hard time coping with the value of much non-material communication practiced today.Anonymousnoreply@blogger.com