At the same time, on the plus side, dividends from overseas earnings were steadily growing, such that in 2005 these earnings have exceeded the net trade surplus.
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The United States currently is the global leader in medical device innovation, and it is one of the few major industries that both boasts a net trade surplus and is a job-creator.
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Chinese middle classes are not going to spend as much per capita as their North American counterparts, due to their higher savings rates, lack of social safety net and surplus of males relative to females.
Gross (or net) operating surplus of the economy is the part of value added which remains with producers after deducting outlays related to the remuneration of employees and taxes on production.
This observation that the Net provides massive consumer surplus but not enough real commerce enjoys a ring of truth.
One big difference is that in the 1960s the United States ran a current-account surplus and was a net creditor to the rest of the world.
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Yet net exports have gone from a modest surplus to record deficits over the same time period.
Unlike many of its developed peers, Australia's government plans to return to a budget surplus in the next fiscal year and forecasts its net debt to peak just below 10% of GDP, a fraction of the borrowings seen elsewhere.
Third, the lower the interest rate the lower US net income payments to foreigners and hence the more likely the US is to move to a current account surplus.
Unlike the goods and services prices index, the GDP deflator measures change In compensation of employees, operating surplus (including mixed income), and consumption of fixed assets arisen from changes in prices and nominal net taxes.
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