Barter is the present and the future of international trade, especially for people who is starting in the import export business. Barter and more: Triangular operations.
The US trade deficit narrowed to $40.6 billion in October on a strong rise in exports, the Commerce Department reported. The trade gap fell 5.4 percent from September's upwardly revised number of $43.0 billion.
Exports rose 1.8 percent from September to a record $192.7 billion in October. Imports were up a modest 0.4 percent at $233.3 billion, their highest level since March 2012.
The trade data suggest that external demand for US goods is improving, suggesting a somewhat stronger global economy, and still resilient US domestic demand,” said Tu Packard of Moody's Analytics.
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