1. Export and Import of Capital as Forms of Foreign Economic Activity Lecture # 15

2. What is capital? In economics, capital goods, real capital, or capital assets are already- produced durable goods or any non- financial assets that is used in production of goods or services.

3. Manufactured or physical capital is distinct from land in that capital must itself be produced by human labor before it can be a factor of production.

4. Capital export The flow of capital out of one country into overseas direct investment or loans, mainly in the form of short-term credit. Direct investments are usually made in shares of trade, industrial, and banking sectors.

5. Concerning the export of capital The exportation of capital is hardly new in the modern economy. Now there is a ring of truth to what Roberts is saying. Capital create wealth and the creation of capital is a good thing in economics.

6. Export of working capital EWC allows exporters to purchase the goods and services they need to support their export sales. More specifically, EWC facilities extended by commercial lenders provide a means for small and medium-sized enterprises

7. Import of capital A country or territory whose value of imported goods is higher than its value of exported goods over a given period of time.

8. US as a capital importer US the major importer of capital, while the major exporters of capital are China, Germany, and Japan.