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Integration of U.S. small businesses into the export trade sector using available trade finance tools and resources: Part 1.(selected topic)

Business Credit

| October 01, 2007 | Koch, John | COPYRIGHT 2007 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Historically, U.S. companies that export products and services to buyers resident outside of the United States comprise a small percentage of the U.S. GDP when compared with other G-7 developed countries. According to the U.S. Department of Commerce, for the period 1992-2005, the U.S. percentage of GDP representing exports of goods and services stayed relatively fiat at 10%, while the percentage from all the other G-7 countries rose, ranging from the United Kingdom (15%) to Germany, rising sharply 2002-2005 to 44%. It also found that despite the expansion and improvement in global communications with the advent of the Internet and global telephony, coupled with the ...

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