The region maintains trade relations with many countries and has an export surplus.
The export surplus of the industrial countries in 1970, for example, was only $9 billion.
Brazil built an export surplus by radically transforming the economy of this nation of 144 million people.
"We are frittering away the export surpluses we built up during the 1980's."
In particular, another nation with a huge export surplus, Germany, had all its debts wiped clean.
They have a large export surplus to the United States.
A world in which everyone has permanent export surpluses is impossible.
At the same time, Japan would continue to invest its export surplus in dollar securities.
For the first time, we're actually making an export surplus from the luxury items.
If our import surplus changes to an export surplus, the foreign investments will be drawn down.