Publication Number: 3703

Report Title: Recent Trends in U.S. Services Trade: 2004 Annual Report

Investigation Number: 332-345

Author's name(s): William Chadwick, Jennifer Baumert, Laura Bloodgood, Eric Forden, Lisa Ferens, Amanda Horan, Dennis Luther, Michael Nunes, Cynthia Payne, Joann Tortorice, Michelle Vaca-Senecal

Date Published: June 2004

Report Description/Introductory Text: This report analyzes significant trends in services trade, assesses trade issues in service industries, and identifies major U.S. services trading partners. Services covered in this report are audiovisual services, banking and securities services, education services, express delivery services, insurance services, solid and hazardous waste services, telecommunication services, utilities, and wholesaling services. U.S. cross-border services trade is illustrated using data for U.S. cross-border transactions. Additionally, data on services transactions through affiliates and direct investment illustrate the commercial dimensions of U.S. international services trade. Chapter 2 of this report describes the nature of cross-border services trade, and the extent of affiliate transactions and direct investment in the service sector as a whole. Chapters 3 through 11 examine audiovisual services trade, banking and securities services trade, education services trade, express delivery services trade, insurance services trade, solid and hazardous waste services trade, telecommunication services trade, utilities, and wholesaling services trade, respectively. Chapter 12 focuses on recent global trends in the information technologies (IT) outsourcing market, including the mix of U.S. IT services outsourcing, the disadvantages to outsourcing, offshore IT outsourcing to India, and offshore IT outsourcing to China.

Topics Covered: services, service industries, services trade, trends in services trade, trade issues in services, global services trends, audiovisual services, banking services, securities services, education services, express delivery services, insurance services, solid waste services, hazardous waste services, telecommunication services, wholesaling services, offshore IT outsourcing, IT outsourcing India, IT outsourcing China

Countries: Argentina, Australia, Austria, Belgium, Luxembourg, Bermuda, Brazil, Canada, Chile, China, France, Germany, Hong Kong, India, Israel, Italy, Japan, Korea (South), Luxembourg, Malaysia, Mexico, Netherlands, New Zealand, Norway, Philippines, Saudi Arabia, Singapore, Spain, Switzerland, Taiwan, United Kingdom, Vietnam

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