Table 1.--International Transactions of the United States, Selected Years
                                  ($ Billions nominal)
 
 
                                                                    1975             1980              1985                1990                1997

Current Account Balance                            18.1               2.3           -124.2               -92.7             -166.4
 Exports of Goods and Services                  157.9            344.4            382.7              697.4            1,167.6
  Merchandise                                              107.1            244.3            215.9              389.3               678.3
  Services                                                      25.5              47.6               73.2              147.8               253.2
  Receipts from U.S. assets abroad               25.4               72.6               93.7             160.3                236.0
 
 Imports of Goods and Services                 132.7              333.8             484.0             756.7            1,295.5
  Merchandise                                               98.2              249.8             338.1             498.3               877.3
  Services                                                      22.0                41.5               72.9             118.8               167.9
  Payments on foreign-owned U.S. assets      12.6                42.5               73.1             139.6               250.3

 Unilateral Transfers                                      7.1                  8.3                23.0              33.4                 38.5

Capital Account Balance                            -24.0              -27.7              101.3              48.2              263.6
 Foreign Investment in the U.S.                      15.7               58.1              141.2            122.2               690.5
  Direct Investment                                          2.6               16.9                20.0              47.9                107.9
  Private non-direct investment                        6.0               25.7              122.3              40.4               564.4
  Official                                                          7.0               15.5                 -1.1              33.9                 18.2

 U.S. Investment Abroad                                39.7               87.0                 39.9              74.0              426.9
  Direct investment                                         14.2              19.2                  14.1              30.0              119.4
  Private non-direct investment                      21.1               54.4                 19.1              44.2               306.7
  Increase in government assets                       4.3               13.3                   6.7               -0.1                   1.0

 Allocation of Special Drawing Rights            ----               1.2                  ----                 ----                 ----

Statistical Discrepancy                                  5.9               25.4                23.0                44.5               -97.1


Source:  Douglas B. Weinberg, "U.S. International Transactions, First Quarter 1995,"  Survey of Current Business, U.S. Department of Commerce, Bureau of Economic Analysis, June 1995, pp. 76-117, and Christopher L. Bach, "U.S. International Transactions, Fourth Quarter and year 1997," Survey of Current Business, U.S. Department of Commerce, Bureau of economic Analysis, April 1998, pp.51-97.