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on September 24, 2008 10:42 AM
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All told, our service exports $60 Per Sale-Fully Automated Forex System exceed imports in 15 of 20 categories. In 10 categories, our service exports are more than double our importssome exceeding even 10 times as much, such as medical services, TV and film, and industrial engineering. In only two service categories are our imports more than double our exportsfreight and insurance.
The United States developed its services prowess here at home. Our companies learned how to deliver services efficiently and effectively by meeting the needs of a highly sophisticated, evolving domestic economy. To fill the ranks of these companies, our colleges and universities educated doctors, lawyers, architects and managers. The next logical step has always been to sell this expertise to foreign customers.
We should not overlook the revolution in communications and information technology that has spread around the world in the The Definitive Guide to Swing Trading past two decades, a revolution that was conceived and delivered and nurtured to maturity in the laboratories and universities of the United States. The economics textbooks I had in college told me it was far easier to export goods than services. Physical things could be mass produced, crated, put on ships, warehoused
and sold abroad. Most services, in contrast, had to be delivered directly to clients. They faced obstacles in export markets largely because of technological limitations and the high costs involved with communications, travel and information transmittal. Accentuate The Positive
Last update : September 24, 2008 10:42 AM
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