This causes a trade deficit, even though it is entirely intra-firm trade.
Across Latin America, trade with China is growing but partly at the expense of intra-regional trade in manufactures.
Probably not all of the 95% trade imbalance is legal corporate tax evasion, but certainly some portion of that intra-firm trade is.
Before the crisis, Southeast Asian countries relied heavily for their expansion on intra-Asian trade.
Spurred by expanding business links and falling political barriers, intra-Asian trade and travel have been growing fast.
Bringing those dollars back to the United States through intra-firm trade subjects the profits to American taxes again.
Intra-firm trade is the movement of goods between branches of the same corporation.
But two multinationals have already delayed projects this year, says Mr Lavagna, for fear of an intra-Mercosur trade row.
Secondly, you are likely to see significant growth in the intra-Asean trade that will also help growth in the region.
Nevertheless, for the past three years, it has made almost no progress in removing myriad non-tariff barriers to intra-group trade.
Closer intra-EMU trade and financial ties suggest that the potential fallout across the region (and even globally) from EMU breaking apart could prove dramatic.
"Intra-Africa trade is negligible, " Kenya's Prime Minister Raila Odinga pointed out.
In 2009 intra-firm trade accounted for half of America's imports.
Another likely benefit is an increase in intra-regional trade.
Intra-regional free trade agreements such as Mercosur and the proposed pact involving Chile, Mexico, Colombia and Peru tend to enhance economic growth for all the participants.
FORBES: South American Companies Look Forward To Chinese Dominance
And this intra-firm activity is counted as a trade imbalance.
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