Friday, June 15, 2007

US should look beyond China on current acct-study

(Reuters) - The current account is the broadest measure of external
trade flows, including goods, services and interest payments,
between countries.




The U.S. deficit, termed a worry by economists when it hit
3 percent of gross domestic product in 1999, has gone on to
reach $857 billion, or 6.5 percent of GDP, both record highs,
in 2006.


Read more at Reuters.com Bonds News

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