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Old February 22nd, 2006, 05:48 PM  
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redcar's Forum Picture
Join Date: December 15, 2004
Location: Ireland
Gender: Male
Blog Entries: 20

dont put imports and exporst seperatly not a good thing to do. that doesnt give a good judgement, you need to find the ballance of trade. i.e exports - imports which work out as:

U.S. $-799,500,000,000 Deficit in balance of trade
E.U. $ -84,000,000,000 Deficit in balance of trade.

this puts the EU ahead of the US. in terms of balance of trade,

also u need to remeber that recently the EU welcomed in 10 new countries alot from the former Soveit Union. they havent had time to develop as prosperious countries like the rest of the EU.

~ A L E X ~

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