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Issue:

Business

 

Written by:

Shane A

 

Date added:

March 29, 2015

 

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Grade:

B

 

No of pages / words:

5 / 1167

 

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8762 times

 

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For Korea, the surplus relative to the United States is $13 billion; for Brazil, $3 billion. It may be surprising, but high technology is now the largest export sector for developing countries. Information and communications technology accounted for $450 billion worth of exports by developing nations -- compared with $235 billion for resource-based goods and $405 billion for low-tech goods...
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Roughly three out of every eight dollars in foreign direct investment in Africa comes from the United States -- more than from any other country (France is second at 18 percent -- less than half as much). Between 1996 and 2000 (latest figures), the United States invested $9.2 billion in Africa, compared with $4...
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