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No Stupid Questions@lemmy.world · 1 day ago

If Walmart operates in Canada and brings all the profit back to the US, is that reflected in the trade balance?

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If Walmart operates in Canada and brings all the profit back to the US, is that reflected in the trade balance?

someguy3@lemmy.world to

No Stupid Questions@lemmy.world · 1 day ago

Question works for Amazon, etc.

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1 day ago
No. The trade balance is specifically about trade.

The name for the thing that includes every money exchange is the payments balance… But it’s always balanced anyway, so nobody talks about it.

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