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Article: The international investment position of the United States in 1987.
- Article from:
- Survey of Current Business
- Article date:
- June 1, 1988
- Author:
CopyrightCOPYRIGHT 1988 U.S. Government Printing Office. 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)
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The International Investment Position of the United States in 1987 By RUSSELL B. SCHOLL
THE negative net international investment position of the United States increased $99.0 billion to $368.2 billion in 1987 from $269.2 billion (revised) in 1986 (table 1). Net capital inflows of $135.5 billion were accounted for by substantial net inflows to U.S. banks from banks overseas, large net foreign purchases of U.S. corporate securities, and increased foreign official inflows largely reflecting intervention purchases of dollars by several industrial countries. The capital inflows were partly offset by net valuation adjustments of $36.5 billion, mostly reflecting ...