ABSTRACT

This chapter summarizes information on trade in services with developing countries of four Organisation for Economic Co-Operation and Development (OECD) countries, that is, the United States, Japan, France, and West Germany. These four countries publish regionalized balance-of-payments statistics on goods and services so that the development of trade in services can be viewed against the performance in merchandise trade. The chapter explores the major trends and patterns of the four OECD countries' trade in services with developing countries. It introduces some hypotheses concerning the regional and sectoral pattern. The chapter presents some in-depth analysis on the link between West German trade in manufactures and in services with developing countries. Government services and income from foreign direct investment are excluded for both conceptual and practical reasons. While travel and transportation are the backbones of services exported to the US from both regions, a growing number of transactions under "other private services" have been credited to Latin American residents.