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And you probably want to take a look at capital flows, too.
America's market is the world's largest and the most open to capital flows.
Trade and capital flows are by no means the only sources of growth in the world.
Free trade and capital flows can conflict with existing systems.
The increase in capital flows has given rise to the asset market model.
"There will be the freedom of capital flow, in and out.
This would probably unleash a far greater capital flow into poor countries.
Such capital flows have been very profitable to American investors and financial companies.
And that's why I think we'll continue to see capital flows coming here."
But few would argue that trade and capital flow have not been major contributors to growth.
"But there has to be an openness of information flow and capital flows."
The terms of global trade and capital flows must be rewritten.
Others point to the fickleness of international capital flows and the entire global economic system.
The problem is that the underlying capital flows have not changed."
We live in an era of massive capital flows and foreign exchange markets.
The current account is the broadest measure of trade, including services and some capital flows.
Free trade and capital flows have pushed American workers into a global competition that few are equipped to win.
Added to this, capital flows are important vectors of technical change.
In both instances a massive disruption to trade and capital flows took place.
The lack of foreign capital flows reduces the demand for the local currency.
Within the Administration, there were occasional arguments about the virtues of free capital flows.
"Trade and capital flows will be diverted through favored partners."
These new forms of monetary interdependence made possible huge capital flows.
This may reduce the problems caused by herding behaviour of private capital flows.
If anything, they aggravated the problem of capital flow.