The US Empire has successfully expanded because of its military activities – wars, invasions, and special assassination teams. The Chinese method of calculating the trade imbalance does not include exports by US MNC based in China to US companies. 2) What is called «China» and the «US» is a fiction as the commercial transaction takes place within a world network or «empire», in which the growth of ‘exports’ and trade ‘surpluses’ accrues to the US MNC and the trade ‘deficit’ affects the US domestic economy. Reality: There are two basic problems with this statement: 1) almost half of the «trade deficit» is accounted for by US multinational corporations (MNC) in China exporting to their «home market». The «US» has a huge trade deficit with «China» amounting to $162 billion in 2004.
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