In the process, more jobs are created here and the nation's trade account improves.

Germany's trade account moved into a deficit for the first time in 10 years in April.

Because the trade accounts have not improved, most economists think the dollar must continue to fall.

This should have led to far greater American exports and a closer approach to equilibrium in trade accounts.

"Since the start of the year our trade accounts have turned around and the dollar has strengthened," he said.

The trade accounts with the nation's largest trading partner, Canada, were nearly in balance.

"There's been some capital flight, but the trade accounts have been looking very good."

It's the first work from the agency since being awarded the magazine's trade account in October.

This cash is a deposit from which the bank settles other countries' trade accounts with Iraq.

Yesterday's report also provided indications of improvement in the nation's foreign trade accounts.