To: staytrue
Services are just as important as manufacturing. Then why did Mexico want the maquilas and China wants them now? Why don't they just do services?
85 posted on
07/30/2002 6:31:15 PM PDT by
FITZ
To: FITZ
These countries want to buy stuff from the US like machine tools, engineering consulting services, insurance services, dollar backing service for their own currencies, software, computer hardware, planes, computers, etc. To do that, they must export to the US. China and Mexico both have overall trade deficits and they both import capital.
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