WTO, nationalism

[Yoshie Furuhashi]

Rakesh:
>As  for the trade deficit, it (along massive new investments within the
>US) has been financed by foreigners building factories in the US,
>snapping up American companies, making deposits in American banks,
>purchasing corporate bonds, and buying US govt securities (WSJ today,A2).

Perhaps quotas and bans (or even talks of such) might increase the above.

Yoshie