Sunday, September 22, 2013

International Trade and Current Account Figures

International Trade and Current Account Figures

 These numbers measure the difference between imports and exports of both goods
and services. Changes in the level of imports and exports are an important
tool for gauging economic trends, both domestically and overseas. These
reports can have a profound effect on the value of the dollar. That value, in
turn, can help or hurt multinational corporations whose profits overseas
can diminish when they convert their funds back to the United States, especially if the U.S. dollar is overvalued. Another valuable aspect of such reports is that imports can help to indicate U.S. demand for foreign goods, and
exports may show demand for U.S. goods in overseas countries.

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