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Old 11-18-2005, 06:39 AM   #38 (permalink)
roachboy
 
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Location: essex ma
a question (i am pressed for time so can only pose it directly)

given that stock has traded internationally since the early 1970s--which means that ownership of public companies/corporations is transnational-and given how the transnational style corporation has developed since then as well (organizations spread over any number of countries, changes in structure prompted by supply pool ideas/technologies, etc.) i am really not sure what a national balance of trade actually measures.
i wonder if the statistical frame used by nation-states to get an index of relative performance is not obsolete...
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